Consider the Claim That 60% of the Members of a Population

question 28

Multiple Choice

Consider the claim that 60% of the members of a population of bacteria have a plasmid conferring antibiotic resistance. If we collected 11 bacterial samples and 3 proved to have the resistance plasmid, what would the P-value of a binomial test of this hypothesis be?

• A) 0.0233
• B) 0.0467
• C) 0.1774
• D) 0.3547

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Definitions:

Static Planning Budget

A projection of budget figures based on a fixed level of activity or volume, not adjusted for changes.

Flexible Budget

A budget that adjusts or varies with changes in the volume of activity, revenue, or other factors affecting budgetary needs.

Performance Reports

Documents that compare actual results to planned or budgeted performance in order to assess how well a company or department is operating.

Activity Variance

The difference between the planned activity level and the actual activity level, often analyzed in budgeting and variance analysis.