Athletes at the University of Colorado have a long-term graduation rate of 67%. Over the past several years, a random sample of 380 athletes showed that 240 eventually graduated. Does this indicate, at a 5% level of significance, that the population proportion of athletes who graduate from UC is now less than 67%?
A) Null and Alternative Hypothesis
B) Test Statistic
C) Critical Value
D) Graph critical value and test statistic
E) Conclusion Statement
F) Describe a Type 2 Error for this problem using details from the problem
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