There Are a Number of Highly Touted Search Engines for Finding

question 109

Multiple Choice

There are a number of highly touted search engines for finding things of interest on the Internet. Recently, a consumer rating system ranked two search engines ahead of the others. Now, a computer user's magazine wishes to make the final determination regarding which one is actually better at finding particular information. To do this, each search engine was used in an attempt to locate specific information using specified keywords. Both search engines were subjected to 100 queries. Search engine 1 successfully located the information 88 times and search engine 2 located the information 80 times. Using a significance level equal to 0.05, which of the following is true?

• A) Based the sample data, the null hypothesis of equal population proportions is rejected since the test statistic exceeds the critical value.
• B) Based on the sample data, the null hypothesis should not be rejected since the test statistic of z = 2.04 exceeds the critical value of z = 1.96.
• C) According to the test results, the hypothesis should be rejected since the test statistic value, z = 1.54, falls in the rejection region.
• D) Based on the sample data, there is not sufficient evidence to conclude that a difference exists between the proportion of search hits since the test statistic, z = 1.54, does not fall in the rejection region.

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Definitions:

Behavioral Economics

A field of economics that studies the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.

Relevant Information

Data or facts that are pertinent and useful for decision-making, particularly in the context of solving specific problems or achieving objectives.

Responsible Business Conduct

Ethical and socially aware business practices that take into account their impact on the environment, consumers, employees, communities, and stakeholders.

International Monetary Fund

An international organization aimed at promoting global monetary cooperation and exchange rate stability.