Examine the records of randomly selected students

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Reference no: EM131813522

Question: In order to estimate the proportion of entering students who graduate within six years, the administration at a state university examined the records of 600 randomly selected students who entered the university six years ago, and found that 312 had graduated.

a. Give a point estimate of the six-year graduation rate, the proportion of entering students who graduate within six years.

b. Assuming that the sample is sufficiently large, construct a 98% confidence interval for the six-year graduation rate.

Reference no: EM131813522

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