Suppose a Survey Is Taken of Two Groups of People

question 96

Multiple Choice

Suppose a survey is taken of two groups of people where each person is asked a yes/no question and the proportion of people who answer yes is calculated for each group. Which of the following is true about a hypothesis test of the difference in the two proportions?

• A) Normality can be assumed if the sample size for each population is at least 30.
• B) The t-distribution should be used if the standard deviations are unknown.
• C) The standard deviation must be assumed equal.
• D) Normality can be assumed if, in each group, at least 5 people say yes, and at 5 people say no.

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Definitions:

Revenue

The total income generated by a business or organization from its normal business operations.

Supply Curve

A graphical representation showing the relationship between the quantity of goods suppliers are willing to produce and the price of those goods.

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service.

Demand

Demand refers to consumers' willingness and ability to purchase a product or service at a given price.