Find freshmen class needing financial aid has increased

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Reference no: EM13117423

To plan the budget for next year a college needs to estimate what impact the current economic downturn might have on requests for financial aid by next year's freshmen class. Historically 35% of freshmen at this college have needed financial aid. In a random sample of 150 freshman applications received thus far, 67 of the applicants request financial aid. Is there evidence that the proportion of next year's freshmen class needing financial aid has increased?

Reference no: EM13117423

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