Tuition, 2008. The data set provided contains the average tuition of private four-year colleges and universities as

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Tuition, 2008. The data set provided contains the average tuition of private four-year colleges and universities as well as the average 2007–2008 tuitions for each state seen in Exercise 25.

The mean tuition charged by a public two-year college was $2763, with a standard deviation of

$988. For private four-year colleges the mean was $21,259, with a standard deviation of $6241. Which would be more unusual: a state whose average public two-year college is

$700 or a state whose average private four-year college tuition was $10,000? Explain.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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