Question: Back to school? Best known for its testing program, ACT, Inc., also compiles data on a variety of issues in education. In 2010, the company

Back to school? Best known for its testing program, ACT, Inc., also compiles data on a variety of issues in education.

In 2010, the company reported that the national college freshman-to-sophomore retention rate held steady at 74%

over the previous several years. (www.act.org/research/

policymakers/pdf/droptables/AllInstitutions.pdf). Consider random samples of 400 freshmen who took the ACT. Use the 68–95–99.7 Rule to describe the sampling distribution model for the percentage of those students we expect to return to that school for their sophomore years. Do you think the appropriate conditions are met?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Intro Stats Questions!