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Calculating the test statistic

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A random sample of 160 MBA graduates found that 50 agreed, or strongly agreed, that their program should have a significant focus on project management. Determine if these results support the contention that at most 25% of MBA graduates would be in agreement with this assertion by showing the null and alternative hypotheses, calculating the test statistic, and drawing a conclusion. Use a 2% level of significance.

Reference no: EM131513192

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