Last Year, KAAA's Share of the 6 Pm News Audience

question 111

Multiple Choice

Last year, KAAA's share of the 6 pm news audience was approximately equal to, but not greater than, 25 percent. This station's advertising department believes the current audience share is higher than last year's 25 percent share. In an attempt to substantiate this belief, the station surveyed a random sample of 400 6 pm viewers and found that 146 watched KAAA.
-The rejection point for testing these hypotheses at α = .001 is _____.

• A)3.09
• B)2.575
• C)2.33
• D)1.96
• E)3.00

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Definitions:

Current Liabilities

Financial obligations of a business that are due and payable within one year.

Total Liabilities

The sum of all financial obligations a company owes to outside parties, including loans, accounts payable, and mortgage obligations.

State Sales Tax

A tax imposed by a state on the sale of goods and services, typically calculated as a percentage of the sales price.

Revenue Report

A financial document that outlines the income generated by a company from its normal business operations.