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Problem 3: A study on four-year colleges in the United States found that the freshmen retention rate is 80% and the annual tuition for private

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Problem 3: A study on four-year colleges in the United States found that the freshmen retention rate is 80% and the annual tuition for private colleges is $33,635. Suppose that you want to use hypotheses tests to show that CSM is better than the average in freshmen retention rate and annual tuition. a) What claim could you test if you want to convince a student that CSM has a higher freshmen retention rate? Answer... b) What claim could you test if you want to convince a student that CSM has lower annual tuition

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