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An article about college loans (“New Rules Would Protect Students,” USA TODAY, June 16, 2010) reported the percentage of students who had defaulted on a student loan within 3 years of when they were scheduled to begin repayment. Information was given for public colleges, private non-profit colleges, and for-profit colleges.
- a. Construct a comparative bar chart that would allow you to compare loan status for the three types of colleges.
- b. The article states “those who attended for-profit schools were more likely to default than those who attended public or private non-profit schools.” What aspect of the comparative bar chart supports this statement?
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Chapter 3 Solutions
Bundle: Introduction to Statistics and Data Analysis, 5th + WebAssign Printed Access Card: Peck/Olsen/Devore. 5th Edition, Single-Term
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