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An administrator finds in a local study that 41% of his university’s students obtain an undergraduate degree in 4 years of study (based on 400…

An administrator finds in a local study that 41% of his university’s students obtain an undergraduate degree in 4 years of study (based on 400 randomly selected students). Assuming that the national average for students graduating in 4 years is 39% and that the probability of observing this sample mean of 41% or higher was 0.075, 

 

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