It Is Claimed That in a Bushel of Peaches,fewer Than

question 54

Multiple Choice

It is claimed that in a bushel of peaches,fewer than 10% are defective. A sample of 400 peaches is examined and 50 are found to be defective. What is the p-value?

• A)0.0250
• B)0.4525
• C)0.9525
• D)0.0500

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Definitions:

Credit Calculation

Credit calculation involves determining the amounts for tax credits a taxpayer is eligible for, which can directly reduce the amount of taxes owed.

Education Credits

Tax credits designed to offset the costs of education for college or vocational school tuition and fees.

Criteria

Criteria are standards or principles by which something is judged or decided.

Qualifying Child

A dependent who meets certain conditions set by the IRS, related to age, relationship, residency, and support, allowing a taxpayer to claim certain tax benefits.