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For Questions #20 Through 24 Relate Back to This Situation

question 14

Multiple Choice

For questions #20 through 24 relate back to this situation:
A product manager is concerned with whether or not her product's share is equal to 25 percent of the market. A sample of 35 data points yields a sample proportion equal to 38 percent.
-What inferential statistical test is appropriate for the hypothesis in question #20?


Definitions:

Pressures

Forces that influence the actions, behaviors, or policies of others, often creating a sense of urgency or necessity.

Constituent

A member or component of a larger system or political representative body.

Conflicts

Disagreements or disputes between parties with opposing views, interests, or goals.

Agent

An agent is an individual or entity authorized to act on behalf of another (the principal) to create legal relations with a third party.

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