Previous Research Indicates That 20% of Homeowners Do Not Carry

question 29

Multiple Choice

Previous research indicates that 20% of homeowners do not carry sufficient homeowner's insurance to adequately protect their investment.An insurance agency conducts a major advertising campaign in an attempt to rectify this situation.After the campaign, the agency randomly surveys 150 homeowners and find that 20 of them do not carry sufficient insurance.Does it appear that the proportion of homeowners without sufficient insurance was less after the ad campaign? State the critical value (CV) , test statistic (TS) , and decision from the test.(Use α = 0.05.)

• A) CV = -1.2816; TS = -2.40; fail to reject H₀
• B) CV = -2.3263; TS = -2.04; reject H₀
• C) CV = 2.3263; TS = -2.04; fail to reject H₀
• D) CV = 1.2816; TS = 2.04; reject H₀

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Definitions:

Adolescent Substance Abuse

Refers to the use of drugs, alcohol, or other substances in harmful amounts by teens and young adults.

SASSI

Substance Abuse Subtle Screening Inventory, a tool used to detect substance dependency and abuse in individuals, often without their explicit awareness of the test's purpose.

Pregnant Women

refers to females in the state of carrying a developing fetus within their womb.

Substance Use Disorders

A complex condition characterized by the uncontrolled use of substances despite harmful consequences, leading to significant impairment or distress.