Exhibit 9-5

question 70

Multiple Choice

Exhibit 9-5.A university interested in tracking their honors program believes that the proportion of graduates with a GPA of 3.00 or below is less than 0.20.In a sample of 200 graduates,30 students have a GPA of 3.00 or below. Refer to Exhibit 9-5.The value of the test statistic and its associated p-value are ___________.

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments not included in cash equivalents.

Financing Activities

Activities that result in changes in the size and composition of the equity capital and borrowings of a company.

Operating Activities

Financial transactions and events related to the core business functions of a company, as reported in the cash flow statement.

Accounts Receivable

Accounts receivable represents money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.