75. Statistics software, part 2. Initially, 203 students signed up for the Statistics course in Exercise 73.

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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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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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