THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 200

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A recent survey asked 124 purchasing managers what they thought would happen to inflation over the next quarter.Of those managers who thought the inflation rate would change,73 thought inflation would be higher,while 40 thought it would be lower.
-Is this sufficient evidence to conclude that the consensus opinion is that inflation is heading higher?

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Definitions:

Terrorist Attacks

Violent acts that are intended to create fear, carried out for a religious, political, or ideological goal, typically targeting civilians.

September 11

A date marking major terrorist attacks in 2001 against the United States, most notably the destruction of New York City's World Trade Center.

Rape Victims

Individuals who have suffered a non-consensual sexual act, which can result in various severe psychological and physical consequences.

Proportion

A mathematical concept that denotes the relationship between parts of a whole or between two or more quantities, illustrating their ratio.