Randomly Chosen MBA Students Were Asked Their Opinions About the Ideal

question 22

Multiple Choice

Randomly chosen MBA students were asked their opinions about the ideal number of children for a married couple.The sample data were entered into MegaStat,and the following results were produced. What conclusion can you draw from this analysis at  = .05?

• A) Men want larger families on average than women.
• B) Women want larger families on average than men.
• C) This is insufficient evidence to suggest a difference in means.
• D) We could conclude that men want larger families if we used a two-tailed test.

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Definitions:

Net Operating Income

A measure of a company's profitability, calculated as the gross revenue minus operating expenses, excluding taxes and interest.

Contribution Margin Ratio

The percentage of each sales dollar that remains after variable costs are subtracted, indicating the portion contributing to covering fixed costs and generating profit.

Fixed Monthly Expenses

Recurring costs that do not vary in amount and are paid on a monthly basis, such as rent or loan payments.

Net Operating Income

Earnings from a company's core business operations, excluding deductions for interest and taxes.