Question: Formulate and test hypotheses to determine if statistical evidence suggests that the graduation rate for (1) top liberal arts colleges or (2) research universities in

Formulate and test hypotheses to determine if statistical evidence suggests that the graduation rate for (1) top liberal arts colleges or (2) research universities in the sample Colleges and Universities exceeds 90%. Do the data support a conclusion that the graduation rates exceed 85%? Would your conclusions change if the level of significance was 0.01 instead of 0.05?

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Colleges and Universities School Type Median SAT Acceptance Rate ExpendituresStudent Top 10 HS Graduation Amherst Lib Arts 1315 22 26636 85 93 Barnard ... View full answer

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