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

question 125

True/False

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.
$$\begin{array}{l}\text {\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad After the Orientation }\\\begin{array} { l c c r } \text { Before theOrientation } & \text { Good } & \text { NotGood } & \text { Total } \\\hline \text { Good } & 93 & 37 & 130 \\\text { Not Good } & 71 & 14 & 85 \\\text { Total } & 164 & 51 & 215\end{array}\end{array}$$
-Referring to Table 12-17, the director should reject the null hypothesis using a 1% level of significance.

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Definitions:

Salvage Values

Salvage Values represent the estimated residual value of an asset after its useful life has ended and it has been fully depreciated.

Useful Lives

The estimated periods of time over which fixed assets, such as machinery or buildings, are expected to be used by a business.

Straight-line Method

A method of calculating depreciation or amortization by evenly distributing the cost of an asset over its expected useful life.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, representing its decrease in value over time.