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A course coordinator at a university wants to investigate if there is a significant difference in the average final mark of students taking the same university subject in semester 1 or semester 2. A random sample of 30 students is taken from semester 1, with the average final mark is found to be 60 and the standard deviation is 5. A random sample of 50 students is taken from semester 2, with the average final mark is 57 and the standard deviation is 4. Assuming that the population variances are equal, is there significant evidence that the population average final mark in this course differs between semester 1 and semester 2. Test at the 5% level of significance.
Kickoff Meetings
Kickoff meetings are initial meetings that mark the beginning of a project or phase, where goals, expectations, roles, and guidelines are discussed among team members and stakeholders.
Project Office
A physical or virtual location where project management activities and administrative support for a project are centralized.
Internal Rate of Return
A financial metric used to evaluate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows equal to zero.
Profitability
The ability of a business or activity to generate income in excess of its expenses, resulting in a profit.
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