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Cost of four-Year Colleges The dataset SampColleges4yr contains information for a sample of 50 US four-year colleges, selected from the population data in CollegeScores4yr .
Cost of four-Year Colleges The dataset SampColleges4yr contains information for a sample of 50 US four-year colleges, selected from the population data in CollegeScores4yr. The Cost variable gives the average total cost for tuition, room, board, etc. at each school.
- Use the Cost data in SampColleges4yr to find (and interpret) a 90% confidence interval for the average total cost at four-year colleges in the US.
- Use the Cost data in CollegeScores4yr to find the mean cost for the population of all four-year colleges in the US. Does your 90% confidence interval from part (a) contain this mean cost?
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