question archive Last year's freshman class at Big State University totaled 5,340 students
Subject:StatisticsPrice: Bought3
Last year's freshman class at Big State University totaled 5,340 students. Of those, 1,252 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($3,462, $482). If the cost of full tuition was $4,150 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest whole percent.)