In a survey of 500 randomly selected corporate CEOs and 1000 randomly selected small business owners, 160 of the CEOs and 260 of the small business owners cited government over-regulation as a significant problem. You use a chi-square test to test the hypothesis that the proportion of individuals who hold this opinion is the same in both populations represented here.What is the p-value for the sample result? (You'll need a statistical calculator.)
A).0325
B).1002
C).0147
D).0273

Question

Quizplus · Accepted Answer

The p-value of .0147 indicates that there is a statistically significant difference between the proportions of corporate CEOs and small business owners who cited government over-regulation as a significant problem, assuming the chi-square test was conducted correctly.

In a Survey of 500 Randomly Selected Corporate CEOs and 1000