Analyze the following data from 50 Barbadian students at the Cave Hill Campus from the Faculty of Social Sciences: (i) Current GPA; (ii) Age in years; (iii) Employment preference (hint: asked whether they would prefer to work in Barbados or in another territory: Options: Barbados or Other territory), (iv Business ownership intentions (specifically, asked whether they would start a new business in the near future: Options: Yes or No), and (v) Gender (Options: Male or Female) to address the following questions: 1.Test at the 5% level of significance whether the proportion of students who will start a new business is more than 60% (i.e. 0.60).  Use this Data from the Template Forms from 50 Students to answer the above questions: Respondent Current GPA Age in years Employment Preference Will you start a new business in the near future? Gender: (Barbados or Other territory) (Yes or No) M or F 1 3.44 29 Barbados Yes Male 2 2.16 23 Other Yes Male 3 3.25 24 Barbados No Female 4 3.01 44 Other No Male 5 2.34 31 Barbados Yes Female 6 3.94 26 Other No Male 7 3.15 35 Other No Female 8 2.53 42 Other No Male 9 3.21 23 Other No Male 10 3.04 42 Barbados Yes Female 11 1.25 19 Barbados No Male 12 3.14 53 Barbados Yes Male 13 3.56 54 Barbados No Female 14 3.31 58 Other Yes Female 15 3.34 36 Barbados Yes Male 16 2.94 25 Other No Male 17 3.15 54 Other No Female 18 2.53 42 Barbados No Male 19 2.21 24 Barbados Yes Female 20 2.04 24 Barbados Yes Female 21 3.23 39 Barbados Yes Male 22 2.94 23 Other No Male 23 3.31 54 Barbados No Female 24 2.31 28 Other Yes Male 25 2.34 26 Barbados Yes Female 26 1.94 25 Other Yes Male 27 4 24 Other Yes Female 28 3.53 42 Other Yes Male Respondent Current GPA Age in years Employment Preference Will you start a new business in the near future? Gender: (Barbados or Other territory) (Yes or No) M or F 29 3.21 26 Barbados Yes Male 30 3.04 26 Other No Female 31 3.22 25 Other No Female 32 3.79 22 Barbados No Female 33 4 26 Barbados No Male 34 2.77 23 Barbados Yes Female 35 2.98 25 Other No Female 36 3.22 40 Barbados No Male 37 3.98 39 Barbados Yes Male 38 2.99 33 Barbados Yes Female 39 3.76 33 Other No Female 40 2.77 30 Other No Male 41 3.87 21 Barbados No Female 42 3.67 19 Other Yes Male 43 3 22 Other No Male 44 4.01 23 Barbados No Female 45 3.22 43 Other Yes Male 46 3.45 31 Barbados Yes Female 47 3.21 28 Barbados No Male 48 3.33 29 Barbados No Female 49 3.22 27 Other Yes Female 50 4 32 Other Yes Female

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Analyze the following data from 50 Barbadian students at the Cave Hill Campus from the Faculty of Social Sciences: (i) Current GPA; (ii) Age in years; (iii) Employment preference (hint: asked whether they would prefer to work in Barbados or in another territory: Options: Barbados or Other territory), (iv Business ownership intentions (specifically, asked whether they would start a new business in the near future: Options: Yes or No), and (v) Gender (Options: Male or Female) to address the following questions:

1.Test at the 5% level of significance whether the proportion of students who will start a new business is more than 60% (i.e. 0.60). 

Use this Data from the Template Forms from 50 Students to answer the above questions:

Respondent

Current GPA

Age in years

Employment Preference

Will you start a new business in the near future?

Gender:

(Barbados or Other territory)

(Yes or No)

M or F

1

3.44

29

Barbados

Yes

Male

2

2.16

23

Other

Yes

Male

3

3.25

24

Barbados

No

Female

4

3.01

44

Other

No

Male

5

2.34

31

Barbados

Yes

Female

6

3.94

26

Other

No

Male

7

3.15

35

Other

No

Female

8

2.53

42

Other

No

Male

9

3.21

23

Other

No

Male

10

3.04

42

Barbados

Yes

Female

11

1.25

19

Barbados

No

Male

12

3.14

53

Barbados

Yes

Male

13

3.56

54

Barbados

No

Female

14

3.31

58

Other

Yes

Female

15

3.34

36

Barbados

Yes

Male

16

2.94

25

Other

No

Male

17

3.15

54

Other

No

Female

18

2.53

42

Barbados

No

Male

19

2.21

24

Barbados

Yes

Female

20

2.04

24

Barbados

Yes

Female

21

3.23

39

Barbados

Yes

Male

22

2.94

23

Other

No

Male

23

3.31

54

Barbados

No

Female

24

2.31

28

Other

Yes

Male

25

2.34

26

Barbados

Yes

Female

26

1.94

25

Other

Yes

Male

27

4

24

Other

Yes

Female

28

3.53

42

Other

Yes

Male

Respondent

Current GPA

Age in years

Employment Preference

Will you start a new business in the near future?

Gender:

(Barbados or Other territory)

(Yes or No)

M or F


29

3.21

26

Barbados

Yes

Male

30

3.04

26

Other

No

Female

31

3.22

25

Other

No

Female

32

3.79

22

Barbados

No

Female

33

4

26

Barbados

No

Male

34

2.77

23

Barbados

Yes

Female

35

2.98

25

Other

No

Female

36

3.22

40

Barbados

No

Male

37

3.98

39

Barbados

Yes

Male

38

2.99

33

Barbados

Yes

Female

39

3.76

33

Other

No

Female

40

2.77

30

Other

No

Male

41

3.87

21

Barbados

No

Female

42

3.67

19

Other

Yes

Male

43

3

22

Other

No

Male

44

4.01

23

Barbados

No

Female

45

3.22

43

Other

Yes

Male

46

3.45

31

Barbados

Yes

Female

47

3.21

28

Barbados

No

Male

48

3.33

29

Barbados

No

Female

49

3.22

27

Other

Yes

Female

50

4

32

Other

Yes

Female

 

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