A Random Sample of 100 Members Is Selected from the Population

question 17

Multiple Choice

A random sample of 100 members is selected from the population of UTU union members.A second sample, this one of size 200, is selected from the population of AFB union members.A third sample, also of size 200, is selected from the population of CCO union members.The table below shows the number of members in each sample who are satisfied with the representation that their union provides. You use a chi-square test to test the null hypothesis that the three union populations represented here contain the same proportion of satisfied members.If the significance level is 5%, report the critical chi-square value for your test.

• A)5.991
• B)9.210
• C)2.841
• D)7.815

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Definitions:

Operating Activity

Transactions related to the primary activities of a business, such as purchasing inventory, selling goods or services, and paying salaries.

Financing Activity

Transactions related to raising or repaying capital, such as issuing stocks or borrowing loans.

Statement of Cash Flows

An accounting statement reflecting how shifts in balance sheet entries and earnings affect cash and cash equivalents, separated into areas of operating, investing, and financing.

Operating Activity

Activities directly related to the primary operations of a company, generating the main source of revenue and expenses.