A Product Testing Laboratory Selected a Sample of 20 Printers $= .05$

question 27

Multiple Choice

A product testing laboratory selected a sample of 20 printers from two different manufacturers to determine if they could print more than 100,000 pages without breaking down. At $= .05$ , test the claim that the proportions of printers from Manufacturer 1 and Manufacturer 2 that lasted for more than $100,000 \text { pages are equal. }$
$\begin{array}{lcc} & \text { Manufacturer 1 } & \text { Manufacturer 2 } \\\text { Lasted past } 100,000 & 12 & 7 \\\text { Did not last to } 100,000 & 8 & 13 \\\text { Total } & 20 & 20\end{array}$

• A) There is not evidence to reject the claim that the proportions are equal because the test value \(2.506 <\) \(3.841\)
• B) There is evidence to reject the claim that the proportions are equal because the test value \(3.841 > 1.003\)
• C) There is not evidence to reject the claim that the proportions are equal because the test value \(2.506 <\) \(9.488\)
• D) There is not evidence to reject the claim that the proportions are equal because the test value \(9.488 >\) \(1.003\)

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Definitions:

Debt-To-Assets Ratio

A financial metric indicating the proportion of a company's assets that are financed by debt, used to assess the company's leverage and financial stability.

Flotation Costs

Expenses incurred by a company in issuing new securities, including fees to underwriters, legal fees, and printing costs.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income, assets, or transactions.