Determine the Critical Value, Z0, to Test the Claim About $\mathrm { p } \neq$

question 104

Multiple Choice

Determine the critical value, z0, to test the claim about the population proportion $\mathrm { p } \neq$ .325 given n = 42 $\text { and } \hat { p } = 0.247 \text {. Use } \alpha = 0.05 \text {. }$

• A) \(\pm 1.96\)
• B) \(\pm 2.575\)
• C) \(\pm 1.645\)
• D) \(\pm 2.33\)

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Definitions:

Collateral

Collateral that a borrower offers to a lender to secure a loan or credit, which the lender can take possession of if the borrower fails to meet the repayment terms.

Perfection

The process or action of making something completely free from faults or as close to it as possible.

Secured Party

An individual or institution that holds an interest in a secured asset or collateral to secure repayment of a loan or other credit extension.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.