A large accounting firm gives out 1,000 job offers every year to new college graduates. Suppose that 85% of those who received offers accept the position. The following shows the number of graduates who have accepted jobs in the last four years. Number of job offers accepted: 
a. Construct the centerline and the upper and lower control limits for the 
chart.
B) Does the company need to worry about its ability to attract college graduates to the firm?
Definitions:
Savings Account
A bank account where money is kept for savings purposes and earns interest over time.
Stated Interest Rate
The annual interest rate declared on a bond or loan, not accounting for compounding or the effect of any fees.
Chi-square
A statistical test used to examine the differences between categorical variables in a contingency table.
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