A Recent Survey Reported That in a Sample of 300

question 47

Multiple Choice

A recent survey reported that in a sample of 300 students who attend community colleges, 105 work at least 20 hours a week. In a sample of 225 students attending universities, only 20 students were found to
Work at least 20 hours per week. What is the test value?

• A) 6.95
• B) 7.61
• C) 2.38
• D) 4.18

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Definitions:

Necessity

An essential requirement or need for survival or to maintain a certain standard of living.

Luxury

Goods or services that are considered non-essential but desired for their quality, status, or comfort they provide.

Substitutes

Products or services that can replace or be used in place of another, offering consumers alternative choices.

Demand for Gasoline

The consumer's desire and ability to purchase gasoline at various price points.