For questions #20 through 24 relate back to this situation:
A product manager is concerned with whether or not her product's share is equal to 25 percent of the market. A sample of 35 data points yields a sample proportion equal to 38 percent.
-What is the proper hypothesis specification,given the situation outlined above?
A) H0: = 0.38; H1: 00.38
B) H0: 0.38; H1: 0.38
C) H0: 0.25; H1: 100.25
D) H0: =0.25; H1: 0.25
E) More information is needed to determine the hypotheses.
Correct Answer:
Verified
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Q47: For questions #20 through 24 relate back
Q48: For questions #20 through 24 relate back
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