A University Interested in Tracking Its Honors Program Believes That

question 62

Multiple Choice

A university interested in tracking its honors program believes that the proportion of graduates with a GPA of 3.00 or below is less than 0.20.In a sample of 200 graduates,30 students have a GPA of 3.00 or below.At a 5% significance level,the decision is to _________________________________________________________________________..

• A) reject H_o;we can conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20
• B) reject H_o;we cannot conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20
• C) not reject H_o;we can conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20
• D) not reject H_o;we cannot conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20

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Definitions:

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person.

Legal Term

A word or phrase with a specific meaning within the context of the law.

Loan

A financial agreement where a borrower receives funds with the obligation to repay them with interest over a defined period.

Note

A written promise or acknowledgement of a debt, where the writer agrees to pay the specified sum of money to the bearer or to a specific individual.