Surprisingly for the 91 colleges that have had a Final Four men's basketball team, U of Memphis is the only one that is in Tennessee, even though 78 colleges overall (2.5%) are in Tennessee.
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College geographic information is from the IPEDS Directory, 2012-13 (Provisional release) by the National Center for Education Statistics (http://nces.ed.gov/ipeds).
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The data on Men's NCAA Division I Final Four appearances is from Wikipedia, and is current through the 2014 series.
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