A Sample of Size 150 from Population 1 Has 40

question 67

Multiple Choice

A sample of size 150 from population 1 has 40 successes. A sample of size 250 from population 2 has 30 successes. The value of the test statistic for testing the null hypothesis that the proportion of successes in population 1 exceeds the proportion of successes in population 2 by 0.05 is:

• A)1.645.
• B)2.327.
• C)1.960.
• D)1.977.

---

Definitions:

Measurement Basis

The method or approach used in accounting to determine the value at which assets, liabilities, income, and expenses are recorded in the financial statements.

Cost

The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.

Revaluation

An adjustment of the value of an asset to reflect its current market value rather than its cost value.

Useful Life

The estimated period over which an asset is expected to be usable by a company before it is fully depreciated.