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Instruction 15-2
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 Instruction 15-2,the null hypothesis should be rejected.
Minimum Wage Legislation
Laws that set the lowest hourly, daily, or monthly remuneration that employers can legally pay their workers.
On-the-job Training
Training provided to employees while they perform their regular work tasks, aimed at enhancing their skills and efficiency.
Teenagers
Young people typically aged between 13 and 19 years, often characterized by rapid physical and psychological development.
Income Increases
A rise in the amount of money earned by individuals or households over a period.
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