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

question 176

Short Answer

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, construct a 99% confidence interval estimate of the difference in proportion between accounting majors and economic majors who have a job offer on graduation day.

---

Definitions:

Lose/Lose

A conflict resolution scenario where all parties involved suffer a loss or do not achieve their desired outcome.

Win/Win

A negotiation or interaction outcome where all parties involved benefit or achieve their objectives.

Upward Communication

The process of information flow from the lower levels of a hierarchy to the upper levels within an organization.

Downward Communication

The flow of information from higher levels of a hierarchical organization to lower levels, typically involving directives and updates.