A Company Believes That It Controls More Than 30% of the Total

question 6

Multiple Choice

A company believes that it controls more than 30% of the total market share for one of its products.To prove this belief,a random sample of 144 purchases of this product is contacted.It is found that 50 of the 144 purchased this company's brand of the product.If a researcher wants to conduct a statistical test for this problem,the observed z value would be _______.

• A) 0.05
• B) 0.103
• C) 0.35
• D) 1.24
• E) 1.67

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Definitions:

Performance Aspirations

Goals or benchmarks that individuals or organizations aim to achieve based on their performance.

Path-Goal Theory

A leadership theory that suggests leaders should modify their behavior based on the individuals they lead and the nature of the task, to enhance employee performance and satisfaction.

Bold Objectives

Ambitious goals a company or individual sets to achieve significant success and advancement.

Directive Leadership

A leadership style characterized by providing clear instructions, setting standards, and monitoring compliance with clear expectations and direction.