In 2016, the mean tuition of private colleges and universities was $18,230, with a standard deviation of

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In 2016, the mean tuition of private colleges and universities was $18,230, with a standard deviation of $7272. The mean tuition for public colleges and universities was $9624, with a standard deviation of $4669. The distribution of tuition in both groups is unimodal and symmetric. Which would be more unusual: to find a private institution with a tuition over $30,000 or to find a public institution with a tuition over $15,500? (Data in Tuition 2016 all schools)

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics

ISBN: 9780134705217

4th Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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