Examlex

Solved

The Marketing Manager for an Automobile Manufacturer Is Interested in Determining

question 92

Multiple Choice

The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who would have purchased a side curtain air bag if it had been available for an additional cost of $300. The manager believes from previous information that the proportion is 0.30. Suppose that a survey of 200 new compact-car owners is selected and 79 indicate that they would have purchased the side curtain air bags. If you were to conduct a test to determine whether there is evidence that the proportion is different from 0.30, which test would you use?


Definitions:

Time-outs

A disciplinary technique in which a child is temporarily removed from an environment where inappropriate behavior has occurred.

Spanking

The act of striking the buttocks with an open hand as a form of punishment or discipline.

Surprising Fact

An unexpected piece of information that is surprising or startling to learn.

Transcendent Goodness

A concept of moral or ethical superiority that goes beyond ordinary limits to embrace universal values.

Related Questions