Solved

In Its Most Recent Annual Report, the US Chamber of Commerce

Question 84

Multiple Choice

In its most recent annual report, the US Chamber of Commerce compared the economic climate for small businesses in three regions of the country by asking a randomly selected sample of 100 small business owners from each region to rate the business climate in their region.In each sample, a majority of business owners rated the business climate "strongly positive." You use an appropriate chi-square table format to test the null hypothesis that the proportion of all small businesses owners who rate the business climate "strongly positive" is the same in all three regions.The significance level of the test is 5%. If the p-value for the sample result turns out to be .021, what should you conclude?


A) Don't reject the hypothesis that the proportion of all small businesses owners who would rate the business climate "strongly positive" is the same in all three regions
B) Reject the hypothesis that the proportion of all small businesses owners who would rate the business climate "strongly positive" is the same in all three regions
C) The samples provide strong evidence that the proportion of all small businesses owners who would rate the business climate "strongly positive" is the same in all three regions.
D) The samples provide strong evidence that the proportion of all small businesses owners who would rate the business climate "strongly positive" is different in each of the three regions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents