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In an early study,researchers at Ivy University found that 33 percent of the freshmen had received at least one A in their first semester.Administrators are concerned that grade inflation has caused this percentage to increase.In a more recent study,of a random sample of 500 freshmen,185 had at least one A in their first semester.Calculate the p-value associated with the test statistic and test the claim at α = .05.
Equity Method
A method of accounting employed by companies to evaluate the earnings from their investments in other firms.
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