In 2002, 40% of the Students at a Major University

question 41

Essay

In 2002, 40% of the students at a major university were Business majors, 35% were Engineering majors, and the rest of the students were majoring in other fields. In a sample of 600 students from the same university taken in 2003, 200 were Business majors, 220 were Engineering majors, and the remaining students in the sample were majoring in other fields. Using α = .01, test to see if there has been a significant change in the proportions between 2002 and 2003.

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Definitions:

Restrictive Covenants

Clauses in a contract or deed that limit how a piece of property can be used, to protect the value of adjacent properties or enforce a particular standard.

Eminent Domain

The authority of a government to take private property for public purposes, providing payment to the property owner.

Zoning

The regulatory process of dividing land into areas with specific uses, such as residential, commercial, or industrial, to control urban development.

Caveat Emptor

A Latin phrase meaning "let the buyer beware," implying that the buyer assumes the risk regarding the quality of the goods purchased, unless they are protected by warranty.