Last School Year, the Student Body of a Local University $$\begin{array} { l l } \text { Freshmen } & 83 \\\text { Sophomores } & 68 \\\text { Juniors } & 85 \\\text { Seniors } & 64\end{array}$$

question 45

Multiple Choice

Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors.A sample of 300 students taken from this year's student body showed the following number of students in each classification. $$\begin{array} { l l } \text { Freshmen } & 83 \\\text { Sophomores } & 68 \\\text { Juniors } & 85 \\\text { Seniors } & 64\end{array}$$ We are interested in determining whether or not there has been a significant change in the classifications between the last school year and this school year.The expected frequency of seniors is

• A) 60.
• B) 20%.
• C) 68.
• D) 64.

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Definitions:

Long-Lived Assets

Physical assets, such as property, plant, and equipment, expected to provide economic benefits to a company for more than one fiscal year.

Land Improvements

Enhancements made to a parcel of land to increase its value, such as landscaping, fencing, and adding utilities.

Long-Lived Assets

Assets that provide economic benefits to a company for a period longer than one year, including property, plant, and equipment.

Land Improvements

Enhancements made to land such as landscaping, driveways, and fences that increase the property's value.