TABLE 12-17
the Director of the MBA Program of a State

question 103

Short Answer

TABLE 12-17
The director of the MBA program of a state university wanted to know if a one week orientation would change the proportion among potential incoming students who would perceive the program as being good. Given below is the result from 215 students' view of the program before and after the orientation.
$$\begin{array}{l}\underline{\text {\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad After the Orientation }}\\\begin{array} { l c c r } \text { Before the Orientation } & \text { Good } & \text { NotGood } & \text { Total } \\\hline\text { Good } & 93 & 37 & 130 \\ \text { Not Good } & 71 & 14 & 85 \\\text { Total } & 164 & 51 & 215\\\hline \end{array}\end{array}$$
-Referring to Table 12-17, what is the value of the test statistic using a 1% level of significance?

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Definitions:

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company's total net income.

Negative Growth Rates

A decrease over time in the measurable value of an economic indicator, such as GDP or investment value.

Expected Capital Gains Yield

The anticipated rate of return from an investment due to an increase in its market price, not including dividends or other income.

Dividend Yield

Defined as either the end-of-period dividend divided by the beginning-of-period price, or the ratio of the current dividend to the current price. Valuation formulas use the former definition.