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Historically, about two-thirds of students who graduated from the PDD Business Administration program find a fulltime job within 6 months of graduation. For the Spring

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Historically, about two-thirds of students who graduated from the PDD Business Administration program find a fulltime job within 6 months of graduation. For the Spring term of 2021, a random sample of 150 graduates were surveyed and 105 answered that they found jobs within six months. Do the data provide evidence that the rate is more than the historic two-thirds? Use a significance level of 5%. (a) [1 mark] Write down both the symbol and the description of the parameter of interest in the context of this problem. (b) [2 marks] Specify the null and alternative hypotheses that the researchers wish to test. (c) [2 marks] What is the value of the test statistic? (d) [2 marks] Calculate the p-value. (e) [1 mark] Write down the appropriate conclusion in the context of the

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