The Owner of a Local Nightclub Has Recently Surveyed a Random

question 106

Multiple Choice

The owner of a local nightclub has recently surveyed a random sample of n = 250 customers of the club.She would now like to determine whether or not the mean age of her customers is greater than 30.If so,she plans to alter the entertainment to appeal to an older crowd.If not,no entertainment changes will be made.Suppose she found that the sample mean was 30.45 years and the sample standard deviation was 5 years.
-What is the p-value associated with the test statistic?

• A) 0.3577
• B) 0.1423
• C) 0.0200
• D) 0.0780

Learn the preparative steps for conducting an interview.

Identify characteristics of reliable sources.

Differentiate between academic and workplace research questions.

Evaluate the difficulty in assessing the reliability of different sources.

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Definitions:

Par Value

Par value is a nominal value assigned to a security, such as a stock or bond, at issuance, often used to determine legal capital or accounting value rather than market value.

Stock Dividend

A payment to shareholders in the form of additional shares of stock rather than cash.

Cash Dividend

A cash dividend is a payment made by a company out of its earnings to shareholders in the form of cash.

Financial Statement

A written record, detailing a business entity's performance, financial strength, and cash flow, used by stakeholders to make informed decisions.