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Of the 23 first year male students at State U. admitted from Jim Thorpe High School, 8 were offered baseball scholarships and 7 were offered football scholarships. The University admissions committee looked at the students' composite ACT scores (shown in table), wondering if the University was lowering their standards for athletes. Assuming that this group of students is representative of all admitted students, what do you think?
Boxplots:
Normal Probability Plot:
-Test an appropriate hypothesis and state your conclusion
Subscription Service
A pricing strategy where clients are charged a consistent fee periodically to use a product or service.
Escrow Company
A neutral third-party entity that holds assets, including money, property, and documents, on behalf of other parties during the completion of a transaction.
Financing Statement
A document filed to give public notice of a secured transaction, indicating an interest in the assets of a debtor.
Collateral
Collateral offered to secure a loan, subject to seizure upon default.
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