In an Opinion Survey,a Random Sample of 1000 Adults from the U.S.A

question 127

Multiple Choice

In an opinion survey,a random sample of 1000 adults from the U.S.A and 1000 adults from Germany were asked whether they supported the death penalty.590 American adults and 560 German adults indicated that they supported the death penalty.The researcher wants to know if there is sufficient evidence to conclude that the proportion of adults who support the death penalty is higher in the U.S.A.than in Germany.What is the rejection point (critical value of the test statistic) at = .10?

• A)1.96
• B)2.33
• C)1.28
• D)1.645

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Definitions:

Gross Profit

The financial gain obtained by subtracting the cost of goods sold from the revenue generated from sales, excluding operating expenses.

Sales Discounts

Reductions in the price of goods or services offered by a seller to a buyer to encourage prompt payment.

Sales Returns

Refers to goods that are returned by the customer to the seller after the sale, often due to defects or dissatisfaction.

Operating Expenses

The costs associated with running a business's day-to-day operations, excluding the cost of goods sold.