Assume That a Hypothesis Test of the Given Claim Will

question 36

Multiple Choice

Assume that a hypothesis test of the given claim will be conducted. Identify the type I or type II error for the test
-A researcher claims that 62% of voters favor gun control. Identify the type II error for the test.

• A)The error of failing to reject the claim that the proportion favoring gun control is 62% when it is actually different than 62%.
• B)The error of rejecting the claim that the proportion favoring gun control is more than 62% when it really is more than 62%.
• C)The error of rejecting the claim that the proportion favoring gun control is 62% when it really is less than 62%.

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Definitions:

Issued Shares

The total number of shares that a corporation has legally sold to shareholders, including those held by the corporation itself as treasury shares.

Stockholders

Individuals or entities that own shares in a corporation, granting them rights to dividends and a stake in the corporate assets and earnings.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the shareholder's stake in the company.

Board Of Directors

A group of elected individuals who oversee the activities and governance of a corporation, ensuring it operates in the best interests of its shareholders.