Question: Dropouts, part II. Initially, 203 students signed up for the Stats course in Exercise 25. They used the software suggested by the salesman, and only

Dropouts, part II. Initially, 203 students signed up for the Stats course in Exercise 25. They used the software suggested by the salesman, and only 11 dropped out of the course.

a) Should the professor spend the money for this software? Support your recommendation with an appropriate test.

b) Explain carefully what your P-value means in this context.

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