Exhibit 12-2 Last School Year, the Student Body of a Local University

question 10

Multiple Choice

Exhibit 12-2
Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 300 students taken from this year's student body showed the following number of students in each classification. We are interested in determining whether or not there has been a significant change in the classifications between the last school year and this school year.
-Refer to Exhibit 12-2. At 95% confidence, the null hypothesis

• A)should not be rejected
• B)should be rejected
• C)was designed wrong
• D)None of these alternatives is correct.

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Definitions:

Social Capital

The web of connections between individuals who reside and are employed within a specific community, facilitating the efficient operation of that society.

Advance Agendas

Planned outlines or lists of items to be discussed or actions to be taken in a meeting, distributed in advance to participants.

Ethical Entrepreneurship

The pursuit of innovative business practices that prioritize ethical considerations, sustainability, and positive social impact.

Management Function

Activities performed by managers to plan, organize, lead, and control an organization's resources to achieve its goals.