TABLE 12-6 The Dean of a College Is Interested in the Proportion

question 203

Short Answer

TABLE 12-6
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 12-6, the null hypothesis will be rejected if the test statistic is _____ .

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Definitions:

Multiproduct Branding

is a strategy where a single brand name is used for the sale of two or more related products.

Private Branding

A marketing strategy where products are produced by one company but are sold under another company's brand name.

Mixed Branding

A marketing strategy where a company markets products under its own name and that of a reseller because the segment attracted to the reseller is different from its own market.

Kohl's

An American department store retail chain that offers a wide variety of goods, including clothing, footwear, and home products, primarily targeting middle-income consumers.