SCENARIO 12-2 The Dean of a College Is Interested in the Proportion

question 97

Short Answer

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 value of the test statistic is .

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Definitions:

For-profit Companies

For-profit companies are businesses that operate with the primary goal of earning financial profit for their owners or shareholders.

Conglomerate Merger

A type of merger where two or more companies in unrelated business activities or industries combine their operations.

Public Ownership

Ownership of assets or organizations by the government or other public bodies rather than private individuals or companies.

Agriculture

The science, art, and practice of cultivating plants and livestock.