[Objective: Understand the Components of Hypothesis Testing] Read the Following

question 4

Multiple Choice

[Objective: Understand the components of hypothesis testing] Read the following problem description then choose the correct null and alternative hypothesis: A new drug is being tested to see whether it can reduce the rate of food-related allergic reactions in children ages 1 to 3 with food allergies. The rate of allergic reactions in the population of concern is 0.03 .

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Definitions:

Annual Cash Dividends

The total amount of cash payments made to shareholders from a company's earnings over one fiscal year.

Market Value

The prevailing market rate at which a service or asset is available for purchase or sale.

Par Value Common Stock

The nominal or face value assigned to common stock shares in the corporate charter, which may differ significantly from the market value.

Paid-in Capital

The amount of money that a company receives from selling its shares directly to investors, not including the stock value on secondary markets.