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Exhibit 12.2 A university has six colleges and takes a poll to gauge student support for a tuition increase.The university wants to insure each college is represented fairly.The below table shows the observed number students that participate in the poll from each college and the actual proportion of students in each college. Refer to Exhibit 12.2.The p-value is:
Cosigner
An individual who agrees to be equally responsible for the repayment of a loan if the primary borrower fails to pay.
Voluntary Agreement
A consensual arrangement between parties, often formalized through a contract, without coercion or duress.
Bankruptcy
A judicial process concerning an individual or business that is incapable of paying off its accumulated debts.
Debts Reduced
A situation where the total amount owed by an individual or entity is decreased through negotiation, settlement, or by making payments.
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