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

question 157

True/False

Instruction 10-10
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 students and 52 economics students had job offers.If the accounting students are designated as "Group 1" and the economics students are designated as "Group 2",perform the appropriate hypothesis test using a level of significance of 0.05.
-Referring to Instruction 10-10,the same decision would be made with this test if the level of significance had been 0.10 rather than 0.05.

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Definitions:

Slope

In the context of linear regression, the magnitude of change in the dependent variable for each unit change in the independent variable.

Residual

The difference between an observed value and the estimated value provided by a model.

Actual Value Of Y

The observed or measured outcome in a statistical analysis or experiment, representing a specific data point on the Y-axis.

Estimated Value Of Y

A predicted value of the dependent variable in a regression analysis based on specific values of the independent variables.