The Next Questions Are Based on the Following Information

question 96

Multiple Choice

The Next Questions Are Based On The Following Information:
An alcohol brewery firm claims that the proportion of alcohol in their new drink is at most 10 percent.A random sample of 100 bottles of the drink were selected and found to consist of 9 percent alcohol.
-What is the value of test statistic for this sample?

• A)2.70
• B)-0.85
• C)-0.33
• D)-1.66

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Definitions:

Corporate Veil

A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company's debts or legal obligations.

De Facto Corporation

A business that operates as a corporation without formal legal acknowledgment but is treated as such for some purposes.

Corporation's Bylaws

The written rules for conduct of a corporation, detailing the rights and obligations of the directors, officers, and shareholders.

Perpetrate A Fraud

The act of intentionally deceiving someone or a group in order to gain an unfair or illegal advantage, often financial.