Exhibit 10

question 47

Multiple Choice

Exhibit 10.11.The student senate at a local university is about to hold elections.A representative from the women's sports program and a representative from the men's sports program must both be elected.Two candidates,an incumbent and a challenger,are vying for each position and early polling results are presented next.A hypothesis test must be performed to determine whether the percentages of supporting votes are different between the two incumbent candidates.In a sample of 100 voters,67 said that they would vote for the women's incumbent candidate.In a separate sample of 100 voters,55 said they would vote for the men's incumbent candidate.Let p₁ and p₂ be the proportions of supporting votes for the incumbent candidates representing women's and men's sports programs,respectively. Refer to Exhibit 10.11.What are the competing hypotheses to determine whether the percentages of supporting votes are different between the two incumbent candidates?

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Definitions:

Cash Expenditure

The actual outflow of cash or cash equivalents by a company, typically for operating expenses, investments, or acquisitions.

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period, typically showing a downward slope from left to right.

Relationship

The way in which two or more people, groups, or countries interact and behave towards each other.