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The Oxnard Retailers Anti-Theft Alliance (ORATA)published a Study That Claimed

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The Oxnard Retailers Anti-Theft Alliance (ORATA) published a study that claimed the causes of disappearance of inventory in retail stores were 30 percent shoplifting,50 percent employee theft,and 20 percent faulty paperwork.The manager of the Melodic Kortholt Outlet performed an audit of the disappearance of 80 items and found the frequencies shown below.She would like to know if her store's experience follows the same pattern as other retailers. The Oxnard Retailers Anti-Theft Alliance (ORATA) published a study that claimed the causes of disappearance of inventory in retail stores were 30 percent shoplifting,50 percent employee theft,and 20 percent faulty paperwork.The manager of the Melodic Kortholt Outlet performed an audit of the disappearance of 80 items and found the frequencies shown below.She would like to know if her store's experience follows the same pattern as other retailers.   The value of the chi-square test statistic you would use in testing whether there is a difference from the published pattern is: A)  7.54. B)  5.02. C)  9.76. D)  9.22. The value of the chi-square test statistic you would use in testing whether there is a difference from the published pattern is:


Definitions:

Cumulative Voting

Cumulative voting is a voting system that allows shareholders to allocate their votes for the board of directors in a manner they prefer, often used to strengthen the voting power of minority shareholders.

Straight Voting

A voting system for electing directors where shareholders must vote for each board member separately.

Control

The power to influence or direct people's behavior or the course of events, often referring to a dominating command over something or someone.

Cash Dividends

Dividends paid in the form of cash to a company’s shareholders from its current or retained earnings.

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