TABLE 10-11 The Dean of a College Is Interested in the Proportion

question 162

Multiple Choice

TABLE 10-11
The dean of a college is interested in the proportion of graduates from his college who have a job offer on graduation day.He is particularly interested in seeing if there is a difference in this proportion for accounting and economics majors.In a random sample of 100 of each type of major at graduation,he found that 65 accounting majors and 52 economics majors had job offers.If the accounting majors are designated as "Group 1" and the economics majors are designated as "Group 2," perform the appropriate hypothesis test using a level of significance of 0.05.
-Referring to Table 10-11,the hypotheses the dean should use are

• A)H₀ : π₁ - π₂ = 0 versus H₁ : π₁ - π₂ ≠ 0.
• B)H₀ : π₁ - π₂ ≠ 0 versus H₁ : π₁ - π₂ = 0.
• C)H₀ : π₁ - π₂ ≤ 0 versus H₁ : π₁ - π₂ > 0.
• D)H₀ : π₁ - π₂ ≥ 0 versus H₁ : π₁ - π₂ < 0.

Identify the importance and impact of consent, confidentiality, and debriefing in research involving human participants.

Appreciate the psychological benefits of healthy habits and practices on mental and physical well-being.

Understand the principles behind effective study habits and strategies like SQ3R.

Acknowledge the influence of expectations and wording on research outcomes and participants' responses.

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Definitions:

Return Requirement

The minimum expected return an investor requires from an investment to make it worthwhile, considering the risk involved.

Dividend Irrelevance Hypothesis

A theory suggesting that the dividend policy of a company is irrelevant to its market value, as long as the firm's investment and financing decisions are unchanged.

Larger Dividends

An increase in the amount of money paid out to shareholders from a company's earnings, typically reflecting its strong financial health or a strategy to return more capital to investors.

Selling Price

The amount of money for which an item or service is sold in the market.