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A Math Professor Has Observed Over Several Years That About

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A Math professor has observed over several years that about 38% of the students who initially major in Math drop out of the program after their freshman year.The department head suggested making the curriculum easier by taking a couple of 300 level courses out of the requirements.With the new curriculum intact,207 began their freshman year as Math majors and only 59 dropped out of the program.Should the college continue with the easier curriculum? Test an appropriate hypothesis using α = 0.05 and state your conclusion.Be sure the appropriate assumptions and conditions are satisfied before you proceed.


Definitions:

Market Transactions

Exchanges of goods, services, or assets between parties in a market.

Rejection

Rejection involves the dismissal or refusal of an idea, proposal, or application, often after consideration or evaluation.

Cooperation

The process of groups or individuals working together toward common goals or interests.

Dictator Game

A mutually anonymous behavioral economics game in which one person (“the dictator”) unilaterally determines how to split an amount of money with the second player.

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