The Board of Trustees of a Small College Demanded a More

question 8

Multiple Choice

The board of trustees of a small college demanded a more diverse student body.Most of the college's minority students came from a large metropolitan area.The admissions staff asked graduates outside this area and outside the state to help with recruiting.In addition,some money was spent on media advertising.To assess the effect of this campaign,the current year's requests for applications were classified as Large Metropolitan Area (565) ,Rest of State (410) ,and Out of State (216) .An analysis of addresses over previous years showed Large Metropolitan Area,51%;Rest of State,40%;Out of State,9%.What statistic should be used to analyze these data?

• A)The for independence
• B)The for goodness of fit
• C)The Kruskal-Wallis H
• D)The Mann-Whitney U

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Definitions:

Payout Ratio

A financial metric indicating the proportion of earnings a company pays to its shareholders in dividends, expressed as a percentage of the company's net income.

Times Interest Earned

Times Interest Earned is a financial metric that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expense.

Inventory Turnover

A ratio indicating how often a company sells and replaces its stock of goods during a period, calculated as cost of goods sold divided by average inventory.

Cost of Goods Sold

The exact costs incurred in the creation of a company’s sold goods, including the expenses for materials and labor.