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    Statistic Significance Level: Far West University ranks careers for prestige

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    Far West University offers both day and evening classes in business administration. One question in a survey of students inquires how they perceive the prestige associated with certain careers. Each student was asked to rank the careers from 1 to 8, with 1 having the most prestige and 8 the least prestige. The results were:

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    Solution Summary

    The solution prepared a rank correlation between the students in day and evening classes who rank for careers and then do a hypothesis test for correlation coefficient r at (5% level of significance).