It Has Been Claimed That at a Certain University at Least

question 75

Essay

It has been claimed that at a certain university at least 40% of the students live on campus. From a sample
of 250 students, 90 live on campus. Does the evidence support this claim at $$\alpha = 0.01$$ ?

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Definitions:

Positive Rate

An interest rate or yield that is above zero, reflecting a positive return on investment.

Risk-Free Rate

The theoretical return on investment with no risk of financial loss, typically represented by the yield on government securities.

Actual Return

The real gain or loss that an investment has earned, including dividends, interest, and capital gains, over a specified time period.

Underpriced

A term describing an asset or security that is sold in the market for less than its intrinsic or true value.