An Online Department Store Wants to Determine If There Is

question 46

Multiple Choice

An online department store wants to determine if there is an association between coupon redemption and gender. After a special coupon broadcast to its reward members,
The following data on coupon redemption at check out were collected. The P-value
Associated with the calculated Chi-square statistic is 0.0209. At α = 0.05 the correct
Conclusion is
Coupon Redeemed?

• A) to reject the null hypothesis.
• B) to accept the null hypothesis.
• C) to conclude that there is an association between coupon redemption and gender.
• D) Both A and C.
• E) Both B and C.

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Definitions:

Debt

An amount of money that is owed by one party to another, usually as a result of borrowing.

Tax Rate

Tax rate is the percentage at which an individual or corporation is taxed by the government on their income, assets, or transactions.

Financial Leverage

The strategy of using loans to increase the prospective benefits of an investment.

Debt/Equity Ratio

A gauge for comparing the mix of a company's funding through shareholders' equity versus debt, frequently applied to understand the company's use of financial leverage.