It Is Generally Believed That No More Than 0

question 36

Multiple Choice

It is generally believed that no more than 0.50 of all babies in a town in Texas are born out of wedlock. A politician claims that the proportion of babies born out of wedlock is increasing. Identify the correct null and alternative hypotheses to test the politician's claim.

• A) H₀: p = 0.50 and H_A: p ≠ 0.50
• B) H₀: p ≤ 0.50 and H_A: p > 0.50
• C) H₀: p ≥ 0.50 and H_A: p > 0.50
• D) H₀: p ≥ 0.50 and H_A: p < 0.50

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Definitions:

Promissory Estoppel

A legal principle that prevents a promisor from denying a promise when the promisee relies on it to their detriment.

Consideration

A fundamental concept in contract law that refers to something of value (such as money, a promise, or an act) exchanged between parties as part of a contract.

Bargained-For Exchange

A mutual agreement between parties in which each promises to give something in exchange for a benefit.

Consideration

In contract law, consideration refers to something of value, which can be an object, service, money, or promise, exchanged between parties as the basis for a contract.