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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.
-True or False: Referring to Scenario 12-2, the same decision would be made with this test if the
level of significance had been 0.01 rather than 0.05.
Sandra Day O'Connor
The first woman appointed to the U.S. Supreme Court, serving from 1981 to 2006.
Federal Regulatory
Pertains to rules and regulations set by the federal government to control practices across various sectors such as banking, environment, and healthcare.
Anti-regulatory Views
Perspectives or opinions opposing the imposition of regulations by government bodies, often based on the belief that such regulations stifle economic growth, personal freedom, or technological innovation.
Pro-Cuban Government
A government or administration that is supportive of or aligned with the policies, ideals, or interests of Cuba.
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