75. Statistics software, part 2. Initially, 203 students signed up for the Statistics course in Exercise 73.
Question:
75. Statistics software, part 2. Initially, 203 students signed up for the Statistics course in Exercise 73. They used the software suggested by the salesperson, and only 11 dropped out of the course.
a) Should the professor spend the money for this software?
Support your recommendation with an appropriate test.
b) Explain what your P-value means in this context.
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Related Book For
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe
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