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SCENARIO 12-2
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 Scenario 12-2,the p-value of the test is .
Economic Status
A measure of an individual's or group's financial health and stability, often determined by income, wealth, and access to resources.
Ratification
The official approval or formal adoption of a treaty, agreement, or legislative act through a vote or other consenting mechanism.
Constitutional Convention
The gathering that took place in 1787, in Philadelphia, to draft the United States Constitution, replacing the Articles of Confederation.
Ben Franklin
Benjamin Franklin was one of the Founding Fathers of the United States, known for his contributions as an inventor, scientist, diplomat, and philosopher, as well as for his pivotal role in the American Revolution and the drafting of the U.S. Constitution.
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