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

question 113

Multiple Choice

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.
After the Orientation  Before the Orientation  Good  NotGood  Total  Good 9337130 Not Good 711485 Total 16451215\begin{array}{l}\text {\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\end{array}\end{array}
-Referring to Table 12-17, which test should she use?


Definitions:

Demand for Labor

The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.

Efficiency Wage

A theory suggesting that higher wages may increase worker productivity and efficiency by attracting better applicants, reducing turnover, and increasing worker morale.

Contract Curve

Curve showing all efficient allocations of goods between two consumers, or of two inputs between two production functions.

Utility Possibilities Frontier

Curve showing all efficient allocations of resources measured in terms of the utility levels of two individuals.

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