Confidence interval for true proportion of graduate students

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Reference no: EM131431203

Business and Management

The 2013 Global Management Education Graduate Survey asked students in 159 business schools from 33 countries several questions about their job search. Approximately 60% of job seekers reported that they had an offer of employment.32 A random sample of graduate students in their final year at business schools in the Northeast was asked whether they had a job offer. The resulting data are given in the table below, by degree program.

Sample size

Number with a job offer (x)

Degree Program

260

160

MBA

380

288

MAcc

310

125

MFin

a. Find a 99% confidence interval for the true proportion of graduate business students who have a job offer for each degree program.

b. Is there any evidence to suggest that the true proportion of MFin graduate business students who have a job offer is different from that in either of the other two degree programs? Justify your answer.

Reference no: EM131431203

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