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The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 1,000 people between the ages of 16 and 24 and found that 6.5% of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. When testing whether the dropout rate has decreased, the appropriate hypotheses are ________.
Impulse Purchases
Unplanned buying decisions made by consumers on the spot, often triggered by emotions or the strategic placement of products.
Minimum of Effort
A principle suggesting that individuals, systems, or organizations naturally tend to select the path or decision that requires the least amount of work or effort.
Specific Effort
Specific effort refers to the targeted exertion or dedicated work directed towards accomplishing a particular task or achieving a specific goal.
Shopping Effort
The amount of time and energy consumers are willing to spend in the process of searching for, selecting, and purchasing products or services.
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