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Perform the following hypothesis tests on the data in spreadsheet #1. State the conclusion of the hypothesis tests. The level of significance is 0.05 in each test. 1.) The claim that the average Median SAT is over 1200. 2.) The claim that the proportion of schools with Expenditures/Student over $50,000 is 0.2. 3.) The claim that there is no difference in mean Acceptance Rate between University and Liberal Arts College. 4.) The claim that the variance of Median SAT is less than 4000.
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