At a Recent Car Show, a Sample of 125 People

question 70

Multiple Choice

At a recent car show, a sample of 125 people produced the following results. Use the 0.01 significance level to determine if there is a relationship between age and model preferred.

• A) Reject the null hypothesis, there is a significant relationship between age and model preferred at the 1% level of significance.
• B) Unable to reject the null hypothesis, there is a significant relationship between age and model preferred at the 1% level of significance.
• C) Reject the null hypothesis, there is insufficient evidence to show a significant relationship between age and model preference at the 1% level of significance.
• D) Unable to reject the null hypothesis, there is insufficient evidence to show a significant relationship between age and model preference at the 1% level of significance.

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Definitions:

Preexisting Duty

An obligation that one party already legally owes to another under a contract, which cannot serve as consideration for a new contract.

Illusory Consideration

A promise or apparent agreement that lacks the actual commitment or substance to be legally enforceable as consideration in a contract.

Unliquidated Debt

A debt for which the exact amount owed has not been determined.

Career Stress

The stress experienced by individuals in their job roles, often resulting from demands, challenges, or conflicts at work that exceed their coping resources.