Physicians a Random Sample of 200 Physicians Shows That There

question 77

Essay

Physicians
A random sample of 200 physicians shows that there are 36 of them who make at least $400,000 a year. ​ ​
-{Physicians Narrative} Compute the p-value and explain how to use it to test the hypotheses.

---

Definitions:

Par Value

The stated or principal value of a stock or bond as declared by the issuer.

Paid-In Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the excess over par value.

Preferred Stock

A type of equity security that usually provides a fixed dividend prior to any dividend payments to common stockholders.

Treasury Stock

Shares of a company's own stock that it has repurchased or never issued to the public.