Random Samples of Men and Women Have Been Given a Scale

question 13

Multiple Choice

Random samples of men and women have been given a scale that measures their support for gun control. Men average 10.2 with a standard deviation of 5.3. Women also average 10.2 but their standard deviation is 1.8. How could these results be dealt with appropriately?

• A) Test the difference in the sample means for statistical significance.
• B) Since the sample means are the same value, there is no need to conduct any tests; these results cannot be significant.
• C) A one-tailed test of significance is called for.
• D) A test of significance with a very high alpha level ( α > 0.10) is called for.

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Definitions:

Participating Preferred Stock

Preferred shares that offer the holder the advantage of receiving dividends equal to the common shares when the company performs well financially.

Mandatorily Redeemable

Describes financial instruments or securities that the issuer is obligated to buy back from holders at a predetermined date or upon the occurrence of certain events.

Preferred Stock

Preferred stock is a type of stock that affords its holders preferential payments of dividends or distributions, and often has priority over common stock in the event of a liquidation.

Liability

Refers to financial obligations or debts that a company or individual owes to others, which must be settled over time through the transfer of economic benefits.