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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

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Statistics for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323
BuyFind

Statistics for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323

Solutions

Chapter
Section
Chapter 1, Problem 5SE
Textbook Problem

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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