Consider the Following to Answer the Question(s) Below

question 13

Multiple Choice

Consider the following to answer the question(s) below:
After completing sales training for a large company, it is expected that a salesperson will generate a sale on more than 15 percent of the calls he or she makes. To make sure that the sales training process is working, a random sample of 400 sales calls made by sales representatives who have completed the training have been selected and the null hypothesis is to be tested at 0.05 alpha level. Suppose that a sale is made on 76 of the calls.
-The correct value of the test statistic is

• A) 2.24.
• B) 1.96.
• C) -2.24.
• D) 3.34.
• E) -1.645.

---

Definitions:

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, responsible for their own tax obligations and not subject to the hiring entity’s control over how the work is performed.

Contract Authorization

The process or act of giving official or legal approval to a contract, enabling it to be valid and enforceable.

Automatically Terminated

Describes a legal status or condition that ends without the need for any action by a party due to pre-set conditions being met.

Agency Relationship

A legal arrangement where one party, the agent, is authorized to act on behalf of another, the principal, in business transactions.