Step 1. Test Set-up  The Dean of Students at Nunya Business College claims that by the time of graduation, 95 percent of graduating seniors have accepted offers for full-time salaried jobs in their area of study. The leaders of student government think this is an exaggeration. They take a random sample of 81 students. Seventy-three of them had accepted a job just before graduation. You have been asked to determine whether the student survey provides sufficient evidence that fewer than 95 percent of graduating seniors have accepted jobs prior to graduating.   What test statistic should you use?     Step 2. Select the Level of Significance, α

MATLAB: An Introduction with Applications
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Step 1. Test Set-up 

The Dean of Students at Nunya Business College claims that by the time of graduation, 95 percent of graduating seniors have accepted offers for full-time salaried jobs in their area of study. The leaders of student government think this is an exaggeration. They take a random sample of 81 students. Seventy-three of them had accepted a job just before graduation. You have been asked to determine whether the student survey provides sufficient evidence that fewer than 95 percent of graduating seniors have accepted jobs prior to graduating.  

What test statistic should you use?  

 

Step 2. Select the Level of Significance, α 

You have decided to use a 5% significance level. 

 

Step 3State the null hypothesis (H0) and alternate hypothesis (H1) 

H0: 

H1: 

 

Step 4Compose the Decision Rule 

 

 

Step 5Calculate the Value of the Test Statistic, p-value, Effect Size, and Power 

 

 

 

 

 

 

 

 

 

Step 6: Decide and Report 

 

 

 

 

 

 

 

 

 

 

 

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