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Every graduating senior at State University is required to answer the following survey question: "Please use the following scale to indicate your degree of overall satisfaction or dissatisfaction with your educational experience at this university." The response choices are: dissatisfied, slightly satisfied, somewhat satisfied, very satisfied, and extremely satisfied. After collecting the data, analysts at the university found that only 5 percent of the students chose "dissatisfied," while 40 percent chose "slightly satisfied," 35 percent chose "somewhat satisfied," 15 percent chose "very satisfied," and only 5 percent chose "extremely satisfied." In its brochures used to recruit new students, these results were summarized as follows: "The annual survey of student satisfaction indicates that an astounding 95 percent of our graduating seniors reported that they were satisfied with their educational experience at this university." This is an example of:
Rapid Growth
A phase in which a company or economy experiences significantly faster-than-average increases in revenue or expansion.
Appreciating
The increase in the value of an asset over time, which can occur due to various factors such as inflation, changes in interest rates, or increased demand.
Exports
Products or services that are shipped from one country to another for the purpose of sale or exchange.
Imports
Goods or services brought into a country from abroad for sale.
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