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2. A fast-food restaurant is considering a promotion that will offer customers to purchase a toy featuring a cartoon movie character. If more than 20% of the customers purchase the toy, the promotion will be profitable. A sample of 50 restaurants is used to test the promotion. Which of the following describes a Type II error? Incorrectly concluding that the promotion would be profitable. Correctly concluding that the promotion would be profitable. Concluding that the promotion would not be profitable when more than 20% of customers would purchase the toy none of the above are correct

2. A fast-food restaurant is considering a promotion that will offer customers to purchase a toy featuring a cartoon movie character. If more than 20% of the customers purchase the toy, the promotion will be profitable. A sample of 50 restaurants is used to test the promotion. Which of the following describes a Type II error? Incorrectly concluding that the promotion would be profitable. Correctly concluding that the promotion would be profitable. Concluding that the promotion would not be profitable when more than 20% of customers would purchase the toy none of the above are correct

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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2. A fast-food restaurant is considering a promotion that will offer customers to purchase a toy featuring a cartoon movie character. If more than 20% of the customers purchase the toy, the promotion will be profitable. A sample of 50 restaurants is used to test the promotion. Which of the following describes a Type II error? Incorrectly concluding that the promotion would be profitable. Correctly concluding that the promotion would be profitable. Concluding that the promotion would not be profitable when more than 20% of customers would purchase the toy O none of the above are correct
Transcribed Image Text:2. A fast-food restaurant is considering a promotion that will offer customers to purchase a toy featuring a cartoon movie character. If more than 20% of the customers purchase the toy, the promotion will be profitable. A sample of 50 restaurants is used to test the promotion. Which of the following describes a Type II error? Incorrectly concluding that the promotion would be profitable. Correctly concluding that the promotion would be profitable. Concluding that the promotion would not be profitable when more than 20% of customers would purchase the toy O none of the above are correct
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