Based on the Nielsen Ratings,the Local CBS Affiliate Claims Its

question 9

Multiple Choice

Based on the Nielsen ratings,the local CBS affiliate claims its 11 p.m. newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers,36% indicated that they watch the late evening news on this local CBS station. What is the critical value if the level of significance is 0.10?

• A)−1.282
• B)±1.645
• C)−2.576
• D)+2.576

---

Definitions:

Allowance Method

An accounting technique used to estimate and record bad debts expense by anticipating uncollectible accounts.

Note Receivable

A financial asset representing a written promise to receive a specific amount of money at a future date.

Dishonored Note

A promissory note that has not been paid by the maker at the time of maturity, resulting in default.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand.