A Researcher Would Like to Test the Claim That 9

question 21

Multiple Choice

A researcher would like to test the claim that 9 out of 10 doctors prefer Brand X.A sample of 60 doctors is obtained and each is asked to compare Brand X with another leading brand.The data show that 48 of the doctors picked Brand X.If these data are evaluated using a chi-square test for goodness of fit,what is the expected frequency for Brand X?

• A)6
• B)12
• C)48
• D)54

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Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and governance of a corporation.

Dividend

A portion of a company's earnings which is paid to shareholders, usually on a quarterly basis.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in profits through dividends.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.