A Company Believes That It Controls More Than 30% of the Total

question 6

Multiple Choice

A company believes that it controls more than 30% of the total market share for one of its products.To prove this belief,a random sample of 144 purchases of this product is contacted.It is found that 50 of the 144 purchased this company's brand of the product.If a researcher wants to conduct a statistical test for this problem,the observed z value would be _______.

• A) 0.05
• B) 0.103
• C) 0.35
• D) 1.24
• E) 1.67

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Definitions:

Feedback Loops

Systems or processes where the output or result impacts or influences the input or action in a cycle, important in system regulation and learning.

Homeostasis

Homeostasis is the property of a system, such as the human body, to regulate its internal environment to maintain a stable, constant condition in response to changes in the external environment.

Hierarchical Disengagements

The process of detaching or withdrawing from levels of a structured order or authority system.

Primary Attachments

The initial deep and enduring emotional bonds formed in early childhood, particularly between infants and their caregivers.