A Wine Magazine Wants to Know If Chefs Can Tell

question 5

Multiple Choice

A wine magazine wants to know if chefs can tell the difference between duck liver pâté and wet dog food.Eighteen chefs were asked to rate both the pâté and dog food on a scale from 1 to 5,with 1 corresponding to "inedible" and 5 to "very tasty." The results are shown in the following table. The estimate of the population proportion of plus signs is _______.

• A) 0.944
• B) 0.50
• C) 0.056
• D) None of these choices is correct.None of the above

Identify strategies for critically evaluating arguments.

Differentiate between psychological appeal and logical validity in arguments.

Identify and understand the fallacy of division.

Recognize when an appeal to emotion (pity) is irrelevant to an argument.

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Definitions:

Equity Securities

Financial assets representing ownership interest in a company, such as stocks, that provide voting rights and potential dividends.

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives).

Asset

Any resource owned or controlled by a business or an individual with the expectation that it will provide future economic benefits.

Articles Of Incorporation

Legal documents filed with a government body to legally document the creation of a corporation.