Has there been significant decrease in proportion

Assignment Help Basic Statistics

Reference no: EM13148679

Research at the University of Toledo indicates that 50 percent of students change their major area of study after their first year in a program. A random sample of 100 students in the College of Business revealed that 48 had changed their major area of study after their first year of the program. Has there been a significant decrease in the proportion of students who change their major after the first year in this program? Test at the .05 level of significance.

Reference no: EM13148679

Questions Cloud

Annual reports and marketing materials : This spike is during the "crazy" months of January, February, and March, when many companies are rushing to get out their annual reports and marketing materials. Liu obtains the following budgeted data for 2008: (see attached)

How low does the market price have to be for the firm : How low does the market price have to be for the firm to take a loss in the short-run? How low does the market price have to be for the firm to be better off shutting down in the short-run?

Accounting for commonwealth edison bond issue : How will the development above affect the accounting for Commonwealth Edison's bond issue?

How many bakers are required given the current level : If Evren wishes to make 25 tons of donuts, how many bakers are required given the current level of capital? How much will it cost to produce this (total cost)?

Has there been significant decrease in proportion : Has there been a significant decrease in the proportion of students who change their major after the first year in this program? Test at the .05 level of significance.

Find the value of all the intrest paid to ken : Find the value of X such that the loan is fully repaid with the last payment. b) What is the dollar amount of each of the five payments ? c) Find the value of all the intrest paid to ken ?

State the significance level and decision rule : State the null hypothesis and the alternate hypothesis. State the significance level. State the decision rule. Give the formula for the test statistic.

Cost of goods manufactured problem : The total manufacturing costs added to production during the period is $110,000. The materials inventory increased from the beginning to the end of the period by $12,000, while the work in process inventory decreased from the beginning to the end ..

Recognized gain or loss and basis of new machine : The old machine has an adjusted basis of $36,000 and the new machine has a fair market value of $80,000. What is the recognized gain or loss and the basis of the new machine?

User Account

All Pages