Which of the Following Is a Requirement for Testing a Claim

question 127

Multiple Choice

Which of the following is a requirement for testing a claim about a population proportion?

• A) \(\text { The conditions } n p \geq 5 \text { and } n q \geq 5 \text { are both satisfied. }\)
• B) The trials are dependent.
• C) The sample observations are a stratified sample.
• D) None of the other statements are requirements for testing a claim about a population proportion.

---

Definitions:

AVC

Average Variable Cost, the cost of labor or material that changes with the level of output or production.

ATC

Average Total Cost, which is the total cost divided by the quantity of output produced, representing the per unit cost of production.

Diminishing Returns

A rule which posits that when investment in a specific sector grows, the profit rate from that investment will not continue to rise past a certain threshold if all other factors are kept unchanged.

AVC

Average Variable Cost is the total variable cost per unit of output.