(Round calculated results to the hundredth (2 place to the right of beyond that unless otherwise noted). It is generally believed that there is a relationship between a college's acceptance rate and its graduation rate. I wanted to know how strong this relationship is within the top universities in the country, so I collected the graduation rate and acceptance rate data of a randomly selected sample of universities from all the top U.S. universities (with an acceptance rate at or below 30%). The data set is in Tab Q2 of the Excel data file. Create a scatter plot between the two variables using Excel. Paste the plot here and format it into 02

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Question
Calculate the mean and standard deviation for the two variable separately.
1
2
3
4
5
6
7
8
A
B
C
College ID Accept rate (%) Grad rate (%)
1
5
96
5
97
6
95
8
98
10
96
10
94
15
85
15
93
15
84
16
92
18
89
18
96
20
90
20
86
24
85
25
76
25
86
80
78
84
9
10
11
12
13
14
15
16
17
18
19
20
7222
21
22
23
34
24
568LOSA EN
2
3
4
7
9
10
11
12
13
14
15
16
17
18
19
20
28
28
29
Transcribed Image Text:1 2 3 4 5 6 7 8 A B C College ID Accept rate (%) Grad rate (%) 1 5 96 5 97 6 95 8 98 10 96 10 94 15 85 15 93 15 84 16 92 18 89 18 96 20 90 20 86 24 85 25 76 25 86 80 78 84 9 10 11 12 13 14 15 16 17 18 19 20 7222 21 22 23 34 24 568LOSA EN 2 3 4 7 9 10 11 12 13 14 15 16 17 18 19 20 28 28 29
(Round calculated results to the hundredth (2nd place to the right of the decimal) when result extends
beyond that unless otherwise noted).
It is generally believed that there is a relationship between a college's acceptance rate and its
graduation rate. I wanted to know how strong this relationship is within the top universities in the
country, so I collected the graduation rate and acceptance rate data of a randomly selected sample of
universities from all the top U.S. universities (with an acceptance rate at or below 30%). The data set is
in Tab Q2 of the Excel data file.
Ola Create a scatter plot between the two variables using Excel. Paste the plot here and format it into
Transcribed Image Text:(Round calculated results to the hundredth (2nd place to the right of the decimal) when result extends beyond that unless otherwise noted). It is generally believed that there is a relationship between a college's acceptance rate and its graduation rate. I wanted to know how strong this relationship is within the top universities in the country, so I collected the graduation rate and acceptance rate data of a randomly selected sample of universities from all the top U.S. universities (with an acceptance rate at or below 30%). The data set is in Tab Q2 of the Excel data file. Ola Create a scatter plot between the two variables using Excel. Paste the plot here and format it into
Expert Solution
Step 1

The given data is as follows,

Accept rate Grad rate
5 96
5 97
6 95
8 98
10 96
10 94
15 85
15 93
15 84
16 92
18 89
18 96
20 90
20 86
24 85
25 76
25 86
28 80
28 78
29 84

The random variable X is the college acceptance rate

The random variable Y is the graduation rate

The formula for the mean is as follows,

X¯=i=1nXin

Xi  are the data points

n is the sample size.

The formula for the standard deviation is as follows,

S=i=1n(Xi-X¯)2n-1

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