Question
There are 4 main international business courses in the college of business. The most popular course times should be given to the most popular courses.
There are 4 main international business courses in the college of business. The most popular course times should be given to the most popular courses. The dean is wondering if students are equally likely to take one of the four classes. He collects class enrollments for 2 previous semesters consisting of 648 students. Conduct the appropriate test.
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Class | ||
ECON 305 | 126 | |
FIN 308 | 194 | |
MGT 480 | 153 | |
MKT 456 | 175 | |
- What are the values for the test statistic and p-value?(Round to 4decimal places)
Test statistic = ___?____
p-value = ___?_____
- At the 5% significance level, what are the decision and conclusion for thistest?
_____?___. ______?____. Therefore, we ____?______ conclude
__________________________?________________________
c.Should you run a comparison test? If yes, complete the confidence interval and determine if the difference is significant at the 5% significance level. If no, enter zeros in the confidence interval and select N/A for the dropdown menu.(Round to 3 decimal places)
95% Confidence Interval
Differences Lower Limit | Upper Limit | Significant at 5%
Econ 305 - Fin 308 ? ? ?
Econ 305 - MGT 480 ? ? ?
Econ 305 - MKT 456 ? ? ?
Fin 308 - MGT 480 ? ? ?
Fin 308 - MKT 456 ? ? ?
MGT 480 - MKT 456 ? ? ?
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