A College Charters a Bus for $1404 to Take a Group

question 34

Multiple Choice

A college charters a bus for $1404 to take a group of students to the Fiesta Bowl. When one more students join the trip, the cost per student decreases by $2.00. How many students were in the original group?

• A)26
• B)28
• C)32
• D)38
• E)46

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Definitions:

Critical Value

The threshold value that a test statistic must exceed to reject the null hypothesis in a hypothesis test.

Percentage Rates

A mathematical representation of a part or portion of a whole, expressed as a fraction of 100.

Fisher's LSD

Fisher's Least Significant Difference is a statistical method used for comparing the means of three or more groups to find if there are significant differences between them, assuming equal variances.

LSD Value

A measure in statistics known as the "Least Significant Difference," which is used to conduct post hoc tests after ANOVA to find significant differences between group means.