Question
Calculate the minimum tuition that would put a public university in the highest 3% (i.e. top 3%) of all in-state tuitions. Provide the minimum tuition
Calculate the minimum tuition that would put a public university in the highest 3% (i.e. top 3%) of all in-state tuitions. Provide the minimum tuition in dollars and cents such that this value of any dollar amount higher would be in the top 3% of all tuitions. First, type the calculations using the Standard Normal Table necessary to obtain your answer. Round your answer to two decimal places (i.e. dollars and cents).
Here is the data set -
GA Georgia Military College 6210 GA Georgia Southern University 6485 GA Georgia Southwestern State University 5464 GA Georgia State University 9286 GA Gordon State College 3789 GA Kennesaw State University 6436 GA Middle Georgia State University 4042 GA Savannah State University 5902 GA South Georgia State College 3310 GA University of Georgia 12080 GA University of North Georgia 5334 GA University of West Georgia 6521 GA Valdosta State University 6583
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