Multiple Choice
The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who would have purchased a knee airbag if it had been available for an additional cost of $300.The manager believes from previous information that the proportion is 0.30.Suppose that a survey of 200 new compact-car owners is selected and 79 indicate that they would have purchased the knee airbag.If you were to conduct a test to determine whether there is evidence that the proportion is different from 0.30 and decided not to reject the null hypothesis,what conclusion could you reach?
A) There is sufficient evidence that the proportion is 0.30.
B) There is not sufficient evidence that the proportion is 0.30.
C) There is sufficient evidence that the proportion is not 0.30.
D) There is not sufficient evidence that the proportion is not 0.30.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: True or False: You should report only
Q10: TABLE 9-9<br>The president of a university claimed
Q20: If an economist wishes to determine whether
Q50: True or False: "Is the intended sample
Q75: TABLE 9-1<br>Microsoft Excel was used on a
Q78: TABLE 9-1<br>Microsoft Excel was used on a
Q81: The power of a statistical test is<br>A)the
Q85: A manager of the credit department for
Q116: The value that separates a rejection region
Q180: An entrepreneur is considering the purchase of