A University Interested in Tracking Its Honors Program Believes That

question 61

Multiple Choice

A university interested in tracking its honors program believes that the proportion of graduates with a GPA of 3.00 or below is less than 0.20. In a sample of 200 graduates, 30 students have a GPA of 3.00 or below. In testing the university's belief, the appropriate hypotheses are ________.

• A) H₀: p = 0.15, H_A: p ≠ 0.15
• B) H₀: p ≤ 0.20, H_A: p > 0.20
• C) H₀: > 0.15, H_A: < 0.15
• D) H₀: p ≥ 0.20, H_A: p < 0.20

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Definitions:

Dividend Amount

Dividend amount is the sum paid to shareholders out of a company's earnings, typically on a per-share basis.

Dividend Yield

The annual dividend payment divided by the current market price of the stock, expressing the dividend as a percentage of the stock price.

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income, ultimately decreasing the tax owed.

Dividends

Money distributed to shareholders by a corporation, usually from the company's profits.