Best known for its testing program, ACT, Inc., also compiles data on a variety of issues in education. In 2013, the company reported that the national college freshman-to-sophomore retention rate that had held steady at 74% over the previous several years had recently fallen from 74% to 72.2%. (http://www.act.org/research/policymakers/pdf/retain_2013.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?