From a poll of 800 television viewers, the following data have been accumulated as to their levels of education and their preference of television stations.
Level of Education
High School
Bachelor
Graduate
TOTAL
Public Broadcasting110
190
100
400
Commercial Stations80
220
100
400
TOTAL190
410
200
800
?
Test at ? = .05 to determine if the selection of a TV station is dependent upon the level of education. Use the p-value approach.
What will be an ideal response?
?2 = 6.93; p-value is between .025 and .05; reject H0; selection of TV station is not independent of the level of education.
You might also like to view...
Doran Corp has a current ratio of 6 . Under which of the following scenarios might this indicate a problem?
a. inventories are increasing due to the introduction of a new product b. the company is holding cash in expectation of making a large investment in equipment c. receivables are increasing due to increasing sales d. inventories are increasing and the industry in which Doran Corp. operates is experiencing a recession
Comparing "what did happen" with "what should have happened" aids in the performance evaluation of a company
Indicate whether the statement is true or false
Point-of-purchase promotions work best for:
A. high-involvement products B. purchases that require extensive decision making C. complex products that require technical knowledge to operate D. impulse buys E. expensive products like perfume and jewelry
Suppose that a stock sells at a price of $60 on the expiration date. Compute the payoff to the seller of a call option if the option strike price is $20
A) -$20 B) -$30 C) -$40 D) -$50