SCENARIO 12-11 The Director of Admissions at a State College Is Interested

question 112

True/False

SCENARIO 12-11
The director of admissions at a state college is interested in seeing if admissions status (admitted,waiting list,denied admission)at his college is independent of the type of community in which an applicant resides.He takes a sample of recent admissions decisions and forms the following table:
He will use this table to do a chi-square test of independence with a level of significance of 0.01.
-Referring to Scenario 12-11,the null hypothesis will be rejected.

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Definitions:

Payoff Table

A table showing the expected outcomes or results of different strategies or decisions under various conditions.

Payoff Table

A table that shows the outcomes of different decisions under various states of nature.

Expected Opportunity Loss

The anticipated loss in value resulting from failing to select the best choice among several competing options.

EOL Criterion

A set of standards or conditions used to determine the end of life or discontinuation of a product, service, or process.