A Recent Health of Boston Report Suggests That 14% of Female

question 11

Multiple Choice

A recent Health of Boston report suggests that 14% of female residents suffer from asthma as opposed to 6% of males. Suppose 250 females and 200 males responded to the study. Which of the following is the correct conclusion for the test at ?

• A) Reject H₀: p₁ − p₂ ≤ 0 and therefore conclude that females suffer more from asthma than males.
• B) Reject H₀: p₁ − p₂ ≤ 0 and therefore do not conclude that females suffer more from asthma than males.
• C) Do not reject H₀: p₁ − p₂ ≤ 0 and therefore conclude that females suffer more from asthma than males.
• D) Do not reject H₀: p₁ − p₂ ≤ 0 and therefore do not conclude that females suffer more from asthma than males.

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Definitions:

ACP

Average Collection Period, indicating the average number of days it takes a company to collect payments from its credit sales.

Du Pont Analysis

A framework for analyzing a company's return on equity (ROE) by breaking it down into its constituent components to assess operational efficiency.

Total Assets Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using shareholders’ funds to generate profit.