For Questions #20 Through 24 Relate Back to This Situation

question 58

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 would be the numerator of the inferential statistical test for the hypothesis in question #20?

• A) 0.13
• B) -0.13
• C) (0.13)²
• D) 1-(0.13)²
• E) none of the above

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Definitions:

Liable for Payment

Being legally responsible for the settlement of a debt or financial obligation, typically as a consequence of a contract or law.

Consent

The voluntary agreement to or approval of what is done or proposed by another; can be given explicitly or implicitly.

Assign a Mortgage

The transfer of a mortgage from one party to another, changing the lender or creditor while the borrower remains the same.

Partial Discharges

The release or forgiveness of a portion of a debt or obligation, without fully extinguishing the entire obligation.