Six People Have Declared Their Intentions to Run for a Seat

question 70

Short Answer

Six people have declared their intentions to run for a seat on the school board in the next local election. A poll is conducted during the campaign among 1,020 randomly sampled voters to determine if there is any clear preference among the voters. The responses are shown next. At the 1% level of significance, what is your decision regarding the null hypothesis?

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Definitions:

Closely Held Corporations

Corporations that have a limited number of shareholders, often family members or close associates, and whose shares are not publicly traded.

Publicly Held Corporations

Companies that have issued securities through an initial public offering (IPO) and are traded on at least one stock exchange or in the over-the-counter market.

Proxy

A person authorized to act on behalf of another, especially in voting at a shareholders' meeting.

Board Meeting

A formal gathering of the board of directors of an organization, company, or corporation to discuss and decide on company policy and management issues.