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Instruction 15-6
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 15-6,the hypotheses the dean should use are
Extra Funds
Additional money available beyond what is necessary for regular expenses, which can be saved or invested.
Input Costs
Expenses that are incurred in order to produce goods or services.
Beverages
Liquid drinks, which can be alcoholic or non-alcoholic, consumed for refreshment or pleasure.
Appetizers
Small dishes served before the main meal to stimulate the appetite.
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