TABLE 10-11 The Dean of a College Is Interested in the Proportion

question 12

Short Answer

TABLE 10-11
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 Table 10-11, the null hypothesis will be rejected if the test statistic is ________.

Understand the dynamics of political and economic transformation in Eastern Europe post-communism.

Evaluate the response to natural disasters and the role of federal agencies in emergency management.

Understand the factors that influence obedience to authority.

Describe the basic findings and significance of Milgram's obedience experiments.

---

Definitions:

Tax Rate

The slice of income required as tax from businesses or individuals.

Coupon Rate

The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.

Tax Shield

A reduction in taxable income for individuals or corporations achieved through claiming allowable deductions such as mortgage interest, medical expenses, amortization, and depreciation.

Debt-Equity

A financial figure indicating the comparative use of shareholders' equity and debt in asset finance.