Suppose That the Proportion of Young Adults Who Read at Least

question 53

Multiple Choice

Suppose that the proportion of young adults who read at least one book per month is 0.15,and this proportion is the same in Boston and New York.Suppose that samples of size 400 are randomly drawn from each city.The standard deviation for the sampling distribution of differences between the first sample proportion and the second sample proportion (used to calculate the z score) is _______.

• A) 0.0459
• B) 0.0435
• C) 0.0402
• D) 0.0335
• E) 0.0319

---

Definitions:

Activity Cost Pools

Groups of costs categorized based on the activities that incur the cost, used in activity-based costing.

Machine-Hours

A measure used in accounting to allocate manufacturing overhead costs to each unit of production, representing the number of hours a machine is operated.

Batches

Quantities of goods or materials processed or produced at one time during manufacturing.

Overhead Cost

Indirect expenses related to manufacturing or production, which are not directly tied to a specific product, such as rent, utilities, and salaries of managers.