Find the P-Value for the Indicated Hypothesis Test

question 76

Multiple Choice

Find the P-value for the indicated hypothesis test. An article in a journal reports that 34% of American fathers take no responsibility for child care. A researcher claims that the figure is higher for fathers in the town of
Littleton. A random sample of 225 fathers from Littleton, yielded 97 who did not help with child care. Find the
P-value for a test of the researcher's claim.

• A) 0.0019
• B) 0.0529
• C) 0.0038
• D) 0.0015

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Definitions:

Partial Balance Sheet

A financial statement that shows a portion of a company’s assets, liabilities, and equity at a specific point in time, rather than the complete picture.

Current Assets

Assets that are expected to be converted into cash within one year or within the operating cycle of the business, whichever is longer.

Assets Due

Assets or receivables that are scheduled to be received or settled at a future date.

Maturity Value

The amount that will be payable to the holder of a financial instrument at its maturity date, including principal and interest.