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StatisticsStatistics for Business & Economics, Revised (MindTap Course List)Consider the data set in Table 1.7 a. Compute the average endowment for the sample. b. Compute the average percentage of applicants admitted. c. What percentage of the schools have NCAA Division III varsity teams? 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-AABuyFind*arrow_forward*

12th Edition

David R. Anderson + 4 others

Publisher: South-Western College Pub

ISBN: 9781285846323

Chapter 1, Problem 5SE

Textbook Problem

Consider the data set in Table 1.7

- a. Compute the average endowment for the sample.
- b. Compute the average percentage of applicants admitted.
- c. What percentage of the schools have NCAA Division III varsity teams?
- 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 |

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

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