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QUESTION
An administrator finds in a local study that 46% of his university's students obtain an undergraduate degree in 4 years of study (based on 400...
An administrator finds in a local study that 46% of his university’s students obtain an undergraduate degree in 4 years of study (based on 400 randomly selected students). Assuming that the national average for students graduating in 4 years is 39% and that the probability of observing this sample mean of 46% or higher was 0.1, what conclusion can the administrator make about his university’s graduation rate?
