A research group asked 2153 U.S. adults and 1062 college presidents to "rate the job the higher education system is doing in providing value for the money spent by students and their families" as Excellent, Good, Only Fair, or Poor. Complete parts a through d below. U.S. Adults Presidents Poor 325 32 Only Fair 908 231 Good 756 628 % (Round to one decimal place as needed.) Excellent 103 171 (...) DK/NA O 61 0 a) What percent of college presidents think that higher education provides a "poor" value? b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college presidents? About % of U.S. adults think the value provided is either good or excellent. (Round to one decimal place as needed.) About % of college presidents think the value provided is either good or excellent. (Round to one decimal place as needed.) procidents

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K
A research group asked 2153 U.S. adults and 1062 college presidents to "rate the job the higher education system is doing in providing
value for the money spent by students and their families" as Excellent, Good, Only Fair, or Poor. Complete parts a through d below.
U.S. Adults
Presidents
Poor
325
32
On average,
Only Fair
908
231
Good
756
628
Excellent
103
171
DK/NA
61
0
c) Compare the distribution of opinions between U.S. adults and college presidents.
about the value provided by a college education.
d) Is it reasonable to conclude that 4.78% of all U.S. adults think that the higher education system provides an excellent value? Why or
why not?
OA. The sample is likely representative of the population of U.S. adults, so the true value may be close to 4.78%, but not exactly
4.78%, because this is only an estimate.
OB. The sample is representative of the population of U.S. adults, therefore, exactly 4.78% of all U.S. adults think that the higher
education system provides an excellent value.
OC. The sample is probably not representative of the population of U.S. adults, so the true value is much larger than 4.78%.
OD. The percent 4.78% is significantly different from the percent in the sample, so it is not a reasonable conclusion.
Transcribed Image Text:K A research group asked 2153 U.S. adults and 1062 college presidents to "rate the job the higher education system is doing in providing value for the money spent by students and their families" as Excellent, Good, Only Fair, or Poor. Complete parts a through d below. U.S. Adults Presidents Poor 325 32 On average, Only Fair 908 231 Good 756 628 Excellent 103 171 DK/NA 61 0 c) Compare the distribution of opinions between U.S. adults and college presidents. about the value provided by a college education. d) Is it reasonable to conclude that 4.78% of all U.S. adults think that the higher education system provides an excellent value? Why or why not? OA. The sample is likely representative of the population of U.S. adults, so the true value may be close to 4.78%, but not exactly 4.78%, because this is only an estimate. OB. The sample is representative of the population of U.S. adults, therefore, exactly 4.78% of all U.S. adults think that the higher education system provides an excellent value. OC. The sample is probably not representative of the population of U.S. adults, so the true value is much larger than 4.78%. OD. The percent 4.78% is significantly different from the percent in the sample, so it is not a reasonable conclusion.
K
A research group asked 2153 U.S. adults and 1062 college presidents to "rate the job the higher education system is doing in providing
value for the money spent by students and their families" as Excellent, Good, Only Fair, or Poor. Complete parts a through d below.
U.S. Adults
Presidents
Poor
325
32
Only Fair
908
231
Good
756
628
%
(Round to one decimal place as needed.)
Excellent
103
171
DK/NA D
61
0
a) What percent of college presidents think that higher education provides a "poor" value?
b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college
presidents?
About % of U.S. adults think the value provided is either good or excellent.
(Round to one decimal place as needed.)
About % of college presidents think the value provided is either good or excellent.
(Round to one decimal place as needed.)
c) Compare the distribution of oninions hetween US adults and college presidents
Transcribed Image Text:K A research group asked 2153 U.S. adults and 1062 college presidents to "rate the job the higher education system is doing in providing value for the money spent by students and their families" as Excellent, Good, Only Fair, or Poor. Complete parts a through d below. U.S. Adults Presidents Poor 325 32 Only Fair 908 231 Good 756 628 % (Round to one decimal place as needed.) Excellent 103 171 DK/NA D 61 0 a) What percent of college presidents think that higher education provides a "poor" value? b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college presidents? About % of U.S. adults think the value provided is either good or excellent. (Round to one decimal place as needed.) About % of college presidents think the value provided is either good or excellent. (Round to one decimal place as needed.) c) Compare the distribution of oninions hetween US adults and college presidents
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