Test Hypotheses About a Population Proportion
-It Is Desired to Test

question 114

Multiple Choice

Test Hypotheses about a Population Proportion
-It is desired to test $\mathrm { H } _ { 0 } : \mu = 45$ against $\mathrm { H } _ { 1 } : \mu < 45$ using $\alpha = 0.10$ . The population in question is uniformly distributed with a standard deviation of 15. A random sample of 49 will be drawn from this population. If $\mu$ is really equal to 40 , what is the probability that the hypothesis test would lead the investigator to commit a Type II error?

• A) \(0.1469\)
• B) \(0.8531\)
• C) \(0.3531\)
• D) \(0.2938\)

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Definitions:

Marketing Chain

The series of processes and activities involved in moving a product from producer to consumer, including distribution and selling.

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, such as a manufacturer merging with a supplier.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.