A Random Sample of 160 Car Purchases Are Selected and Categorized

question 2

Short Answer

A random sample of 160 car purchases are selected and categorized by age. The results are listed below. The age distribution of drivers for the given categories is $18 \%$ for the under 26 group, $39 \%$ for the 26-45 group, 31\% for the 46-65 group, and $12 \%$ for the group over 65 . Test the claim that all ages have purchase rates proportional to their driving rates. Use $\alpha = 0.05$ .

Recognize the hierarchical versus non-hierarchical models of needs.

Understand the significance of autonomy support and its influence on motivation.

Explain the basic psychological needs according to self-determination theory.

Explain the differences between autonomous and controlled motivation and their impact on performance.

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Definitions:

Check 21 Act

A federal law that allows banks to handle more checks electronically, which speeds up the check clearing process.

Electronic Form

Pertains to information or documents that are created, transmitted, and stored in a digital format.

Fraud Detection

The process of identifying and preventing deceitful practices or dishonesty, especially in financial contexts.

Insufficient Funds

A situation where an account does not have enough money available to cover a transaction.