TABLE 12-10
the Director of Admissions at a State College

question 118

True/False

TABLE 12-10
The director of admissions at a state college is interested in seeing if admissions status (admitted, waiting list, denied admission) at his college is independent of the type of community in which an applicant resides. He takes a sample of recent admissions decisions and forms the following table:
$$\begin{array} { l | l l l | l } & \text { Admitted } & \text { Wait List } & \text { Denied } & \text { Total } \\\hline \text { Urban } & 45 & 21 & 17 & 83 \\\text { Rural } & 33 & 13 & 24 & 70 \\\text { Suburban } & 34 & 12 & 39 & 85 \\\hline \text { Total } & 112 & 46 & 80 & 238\end{array}$$ He will use this table to do a chi-square test of independence with a level of significance of 0.01.
-Referring to Table 12-10, the same decision would be made with this test if the level of significance had been 0.005.

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Definitions:

Maturity Value

The amount payable to an investor at the end of a fixed term investment, including the principal and interest.

Maturity Value

The amount payable to the investor at the end of a fixed term investment, including the principal and the interest.

Equal Payments

Recurrent payment amounts that are the same in total over a specified period, common in loans and amortizations.

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