Mike Runs for the President of the Student Government and Is

question 30

Multiple Choice

Mike runs for the president of the student government and is interested to know whether the proportion of the student body in favor of him is significantly more than 50 percent. A random sample of 100 students was taken. Fifty-five of them favored Mike. At a 0.05 level of significance, it can be concluded that the proportion of the students in favor of Mike

• A) is significantly greater than 50 percent because 55 percent of the sample favored him.
• B) is not significantly greater than 50 percent.
• C) is significantly greater than 55 percent.
• D) is not significantly different from 55 percent.

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Definitions:

Notice

A formal communication or indication to someone about a fact, requirement, or intention.

Equitable Remedy

Remedies granted by courts in situations where monetary damages are inadequate, including injunctions and specific performance, based on principles of fairness.

Breach of Contract

The act of not executing any part of a contract, be it written or oral, without an acceptable legal excuse.

Contract

A legally binding agreement between two or more parties, which outlines obligations and rights related to a particular arrangement or deal.