Statistics for Business & Economics, Revised (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
12th Edition
ISBN: 9781285846323
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Textbook Question
Chapter 1, Problem 5SE

Consider the data set in Table 1.7

  1. a. Compute the average endowment for the sample.
  2. b. Compute the average percentage of applicants admitted.
  3. c. What percentage of the schools have NCAA Division III varsity teams?
  4. d. What percentage of the schools have a City: Midsize campus setting?

TABLE 1.7    DATA FOR SEVEN COLLEGES AND UNIVERSITIES

School State Campus Setting Endowment ($ billions) % Applicants Admitted NCAA Division
Amherst College Massachusetts Town: Fringe 1.7 18 III
Duke North Carolina City: Midsize 5.9 21 I-A
Harvard University Massachusetts City: Midsize 34.6 9 I-AA
Swarthmore College Pennsylvania Suburb: Large 1.4 18 III
University of Pennsylvania Pennsylvania City: Large 6.6 18 I-AA
Williams College Massachusetts Town: Fringe 1.9 18 III
Yale University Connecticut City: Midsize 22.5 9 I-AA
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Chapter 1 Solutions

Statistics for Business & Economics, Revised (MindTap Course List)

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