SCENARIO 12-20 The Director of the MBA Program of a State University

question 283

Multiple Choice

SCENARIO 12-20
The director of the MBA program of a state university wanted to know if a one week orientation
would change the proportion among potential incoming students who would perceive the program as
being good. Given below is the result from 215 students' view of the program before and after the
orientation.
-Referring to Scenario 12-20, what should be the director's conclusion?

• A) There is sufficient evidence that the proportion of potential incoming students who perceive the program as being good is the same before and after the orientation.
• B) There is insufficient evidence that the proportion of potential incoming students who perceive the program as being good is the same before and after the orientation.
• C) There is sufficient evidence that the proportion of potential incoming students who perceive the program as being good is not the same before and after the orientation.
• D) There is insufficient evidence that the proportion of potential incoming students who perceive the program as being good is not the same before and after the orientation.

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Definitions:

Holder in Due Course

A party who has acquired a negotiable instrument in good faith and for consideration, and thus is protected against certain defenses if payment on the instrument is refused.

Negotiable Note

A financial instrument containing a promise to pay a specific amount of money, either on demand or at a set time, to the holder or assignee.

Legal Status

The standing or condition of an entity or individual in the eyes of the law, including rights, responsibilities, and current legal state.

Negligently

Acting with a lack of due care or failing to take proper care in doing something, which can lead to harm or damage.