Question: 12. Formulate and test hypotheses to determine if statis- tical evidence suggests that the graduation rate for (1) top liberal arts colleges or (2) research

12. Formulate and test hypotheses to determine if statis- tical evidence suggests that the graduation rate for (1) top liberal arts colleges or (2) research universi- ties in the sample Colleges and Universities exceeds 90%. Do the data support a conclusion that the grad- uation rates exceed 85% ? Would your conclusions?

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