Examlex

Solved

An Insurance Representative Wants to Determine If the Proportions of Women

question 29

Multiple Choice

An insurance representative wants to determine if the proportions of women and men who buy different policy types are the same. The actual sales results for 50 women and 50 men
 Policy A  Policy B  Women 1832 are:  Men 1238\begin{array} { l l c c } & & \text { Policy A } & \text { Policy B } \\ & \text { Women } & 18 & 32 \\ \text { are: } & \text { Men } & 12 & 38 \end{array}
Under the null hypothesis, what is the expected number of men who would buy Policy B?


Definitions:

President Obama

President Obama refers to Barack Obama, the 44th president of the United States, serving from 2009 to 2017.

Tax Cuts

Tax cuts refer to reductions in the amount of taxes imposed by a government, which can affect individual and business taxes, potentially stimulating economic growth.

Government Spending

Expenditures by the government sector on goods and services, including public services and government investment, but excluding transfer payments.

Price Index

A statistical measure that shows changes in the price level of a basket of goods and services over time, used to gauge inflation.

Related Questions