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. Each fall. a certain organization releases survey results on how much colleges and universities are charging undergraduate students in the new academic year. The
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Each fall. a certain organization releases survey results on how much colleges and universities are charging undergraduate students in the new academic year. The survey indicated that the average published tuition and fees for a certain academic year were $9.450 at public four-year colleges and universities and $32300 at private. nonprot four-year colleges and universities. Assume that the standard deviation was approximately $4.400 at public four-year colleges and universities and approximately 5511.600 for private colleges and universities. Complete parts a and b. a. Do the private. nonprofit four-year colleges and universities have the larger relative variability? Select the correct choice below and ll in the answer box to complete your choice. (Round to two decimal places as needed] v No. because the coe'icient of variability for private. nonprot four-year colleges and universities is 35.91 % and is 46.56 % for public four-year colleges and universities. Yes. because the coefficient of variability for private. nonprofit four-year colleges and universities is \"It: and is '36 for public four-year colleges and universities. b. lithe data on published tuition and fees were bell-shaped. determine the largest and smallest amount paid at the four-year private. nonprot colleges and universities. Ifthe data on published tuition and fees were bellshaped. the largest amount paid at four-year private. nonprofit colleges and universities would be Sill: and the lowest amount paid would be Him. (Round to the nearest dollar as needed.)Step by Step Solution
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