Answered: An educator believes that the…

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

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An educator believes that the proportion of finance majors seeking to earn an MBA degree equals the proportion of management majors seeking to earn an MBA degree in the population. A random sample of 100 finance majors is taken and 24 indicate that they will seek to earn an MBA degree. Likewise, a random sample of 400 management majors is taken and 65 indicate that they will seek to earn an MBA degree. Using this information, test the educator’s claim at the 0.05 level

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