CitySearch

question 33

Multiple Choice

CitySearch.com reports that 55% of its users are in the 18-to-30 age demographic, 35% are in the 31-to-45 demographic, and the remaining 10% are in the 46-and-older demographic.In a recent survey of 200 randomly selected CitySearch.com users, most users were in the 18-to-30 age demographic, some were in the 31-to-45 demographic, and the rest were in the 46-and-older demographic You conduct a chi-square test to determine whether this sample result is enough to reject a null hypothesis that the age group distribution of CitySearch.com users is as the website describes.The significance level is .05.If the p-value turns out to be .042, what should you conclude?

• A)Don't reject the website's claim.
• B)Reject the website's claim.
• C)The sample provides strong evidence that the website's claim is true.
• D)Given the sample result, the website's claim can't be true.

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Definitions:

Tariff Revenue

The income generated for a government from taxing imported goods.

Consumer Surplus

The gap between what consumers are prepared and capable of spending on a product or service versus what they actually spend.

Trade Restrictions

Measures such as tariffs, quotas, and import bans implemented by governments to control the amount and type of goods and services that can enter or leave a country.

National Security

The protection and safety of a country's citizens and economy.