Recently, Students in a Marketing Research Class Were Interested in the Driving

question 5

Multiple Choice

Recently, students in a marketing research class were interested in the driving behaviour of
Students. Specifically, the marketing students were interested if exceeding the speed limit was
Related to gender. They collected the following responses from 100 randomly selected students:
What is the value of the test statistic?

• A) 100
• B) 9.89
• C) 50
• D) 4.94
• E) 0

---

Definitions:

Real GDP

The total market value of all final goods and services produced in a country in a given year, adjusted for inflation.

Constant Returns To Scale

The property whereby long-run average total cost stays the same as the quantity of output changes.

Inputs

Factors including workforce, materials, and funds employed in the process of creating products or offering services.

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption.