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TABLE 10-12
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 10-12, construct a 95% confidence interval estimate of the difference in proportion between accounting majors and economic majors who have a job offer on graduation day.
X-axis
The horizontal axis in a two-dimensional graph, typically representing the independent variable.
Positive Relationship
A positive relationship in economics indicates that an increase in one variable is associated with an increase in another variable.
Cartesian Coordinate System
A coordinate system that specifies each point uniquely in a plane by a set of numerical coordinates, which are the distances to the point from two perpendicular directed lines.
Variable
An element, feature, or factor that is likely to vary or change; in scientific experiments, the characteristic that is tested to observe its effects.
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