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Business Graduates Earnings Narrative

Question 72

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Business Graduates Earnings Narrative
A professor claims that 70% of business graduates earn more than $45,000 per year. In a random sample of 300 graduates, 195 earn more than $45,000.
-Refer to Business Graduates Earnings Narrative. Can we reject the professor's claim at the 5% significance level? Justify your conclusion.

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Rejection region: blured image Test statis...

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