The President of a State University Collected Data from Students

question 103

Multiple Choice

The president of a state university collected data from students concerning building a new library, and classified the responses into different categories (strongly agree, agree, undecided, disagree, strongly disagree) and according to whether the student was male or female. To determine whether the data provide sufficient evidence to indicate that the responses depend upon gender, the most appropriate test is:

• A) chi-square goodness-of-fit test
• B) chi-square test of a contingency table (test of independence)
• C) chi-square test of normality
• D) none of these
• E) all of these

Analyze market equilibrium and the effects of price changes on supply and demand balance.

Calculate markup percentage in retail pricing.

Determine breakeven points for businesses based on cost and revenue equations.

Compute maximum profit using given expense and revenue functions.

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Definitions:

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations within a set of observed variables.

Statistical Procedure

A method of collecting, analyzing, interpreting, and presenting data.

Variables

Elements or factors that can change and affect the outcome of a study or experiment, classified into different types such as independent, dependent, and control variables.

Five-factor Model

A framework identifying five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.