An Advertising Company Has Developed a New Ad for One

question 3

Multiple Choice

An advertising company has developed a new ad for one of the national car manufacturing companies.The ad agency is interested in testing whether the proportion of favorable responses to the ad is the same between male adults versus female adults.It plans on conducting the test using an alpha level equal to 0.05.A sample of 100 adults of each gender will be used in the study.Each person will be asked to view the ad and indicate whether they find the ad to be "pleasing" or not.Given this,what is the appropriate null hypothesis?

• A)H₀ : μ₁ = μ₂
• B)H₀ : p₁ ≠ p₂
• C)H₀ : ₁ = ₂
• D)H₀ : p₁ = p₂

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Definitions:

Holding Cost

Expenses related to storing inventory, including warehousing, insurance, and depreciation.

Weekly Demand

The total quantity of a product that consumers are willing and able to purchase over the course of a week.

Tailored Sourcing

Procurement approach focusing on obtaining goods or services that are customized to meet specific needs or criteria of a business.

Supply Sources

Supply Sources are the origins from which goods, materials, or services are obtained, essential for production and operational processes in businesses.