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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 should be rejected.
Labor Relations Practices
The methods and approaches used by employers, employees, and their representatives to manage their relationships, including negotiation, collective bargaining, and conflict resolution.
Japanese Labor Relations
The system and practices governing employment and labor unions in Japan, characterized by lifelong employment, seniority systems, and enterprise unions.
Communist Party of China
The founding and ruling political party of the People's Republic of China, overseeing the country's communist government and policies.
Labor-management Practices
The strategies, policies, and actions taken by both labor unions and management in the negotiation and administration of work-related issues.
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