Last year’s freshman class at Big State University totaled 5,346 students. Of those, 1,262 received a merit scholarship to help offset tuition costs their freshman year (although the amount varied per student). The amount a student received was N($3,443, $450). If the cost of full tuition was $4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Last year’s freshman class at Big State University totaled 5,346 students. Of those, 1,262 received a merit scholarship to help offset tuition costs their freshman year (although the amount varied per student). The amount a student received was N($3,443, $450). If the cost of full tuition was $4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition?

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