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For Questions #20 Through 24 Relate Back to This Situation π\pi

Question 43

Multiple Choice

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: π\pi = 0.38; H1: π\pi\neq 00.38
B) H0: π\pi \geq 0.38; H1: π\pi<\lt 0.38
C) H0: π\pi\le 0.25; H1: π\pi>\gt 100.25
D) H0: π\pi =0.25; H1: π\pi\neq 0.25
E) More information is needed to determine the hypotheses.

Correct Answer:

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