II. Quantitative Literacy (using numerical data to reason and accurately solve quantitative problems.) Part a. Analyzing 10 years of tuition data 1a. Interpretation The following Table A shows the average costs for the indicated academic year for all Texas public two-year community colleges. 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 $1662 $1746 $1858 $2040 $2146 $2204 $2290 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 $2324 $2437 $2560 $2620 ? ? Table A Texas Public Two-Year In-District Tuition and Fees Source: The College Board, Annual Survey of Colleges Note: Average tuition and fee prices are weighted by full-time enrollment (12 hours per semester.) aa. What is the trend of these numbers? ab. Which year-over-year increase appears to be the smallest? ac. What drives these numbers to increase? 2a. Representation (converting information into mathematical form) together with 3a. Calculations aa. Compute the average (the mean) tuition costs using Table A. Page 2 of 6 ab. Find the median of Table A. ac. Find the mode, if any, of Table A. ad. How much did tuition increase from 2008 to 2018-2019? ae. Find the average increase per year. af. Using this average, estimate the tuition for 2019-2020 and 2020-2021. Tuition estimate for 2019-2020 = $ Tuition estimate for 2020-2021 = $_ ag. Find the per cent increase in tuition from your estimate of tuition in 2020-2021 from the previous year. Part b: Find effect of "free" textbooks on tuition costs There is a significant change in tuition costs beginning fall 2020. The Dallas County Community College District Board of Trustees has declared that tuition shall increase by $20 per credit hour, beginning in the fall 2020. However, the student will receive "free" textbooks and associated required materials for each class in which they are enrolled. The next section of calculations are designed to help you decide if this change is favorable to you personally. 2b. Representation, together with 3b. Calculations ba. Compute the increase in tuition due only to "free" textbooks for a full-time load (12 credit hours per semester) at $20 per credit hour for the academic year (2 semesters). Increase $ bb. Find the per cent increase in tuition due solely to the Textbook effect" in 2020-2021 from the previous year. % bc. Do you believe that inflation is still active, driving costs ever higher? bd. If you answered "yes" above, then add the per cent increase due to inflation with the "textbook effect" above (3b.bb) to find the total per cent increase in tuition over the academic year Page 3 of 6 % be. Find the new estimated total tuition cost in 2020-2021 when inflation and tree textbooks are included. $ 4. Application/Analysis a. Will the $240 increase in tuition (for 12 hours per semester) be advantageous to you personally, if you then do not have to pay for textbooks? Explain b. For which disciplines will this be particularly advantageous? 5. Assumptions a. What assumptions were made in the original estimate of tuition cost? (II. Part A.3a.af) b. What additional assumptions were made in the above current scenario? (3b.be) 6. Communication: Use of quantitative information Which of the above calculations are most beneficial to help you decide il "free" textbooks are to your advantage? Critical thinking 1. Explain the issues What issues are being considered with this assignment? 2. Evidence, questioning sources a. What is the source of the data of Section 1, Visual Communication, 'Are you on the fast track?" b. What is the source of Table A? c. What is the source of the information in Section 1.b, Ellect of "tree" textbooks? Page 4 of 6 d. Rate the trustworthiness of a, b, and c above: e. Are there other sources of information which could be considered? 3. Identifying and questioning assumptions a. What assumptions did you make in calculating the tuition costs for Table A, 2019-2020 and 2020-2021? (ll. Part A. 3a.af) b. What contextual influences of cultural, social, political, philosophical, and/or historical do you recognize? 4. Student's position, acknowledging complexities Do you think that "free" textbooks with this scenario will be advantageous to you personally? Explain. 5. Conclusions and consequences What do you need to do based on your considerations of the factors of this exercise? Page 5 of 6 II. Quantitative Literacy (using numerical data to reason and accurately solve quantitative problems.) Part a. Analyzing 10 years of tuition data 1a. Interpretation The following Table A shows the average costs for the indicated academic year for all Texas public two-year community colleges. 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 $1662 $1746 $1858 $2040 $2146 $2204 $2290 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 $2324 $2437 $2560 $2620 ? ? Table A Texas Public Two-Year In-District Tuition and Fees Source: The College Board, Annual Survey of Colleges Note: Average tuition and fee prices are weighted by full-time enrollment (12 hours per semester.) aa. What is the trend of these numbers? ab. Which year-over-year increase appears to be the smallest? ac. What drives these numbers to increase? 2a. Representation (converting information into mathematical form) together with 3a. Calculations aa. Compute the average (the mean) tuition costs using Table A. Page 2 of 6 ab. Find the median of Table A. ac. Find the mode, if any, of Table A. ad. How much did tuition increase from 2008 to 2018-2019? ae. Find the average increase per year. af. Using this average, estimate the tuition for 2019-2020 and 2020-2021. Tuition estimate for 2019-2020 = $ Tuition estimate for 2020-2021 = $_ ag. Find the per cent increase in tuition from your estimate of tuition in 2020-2021 from the previous year. Part b: Find effect of "free" textbooks on tuition costs There is a significant change in tuition costs beginning fall 2020. The Dallas County Community College District Board of Trustees has declared that tuition shall increase by $20 per credit hour, beginning in the fall 2020. However, the student will receive "free" textbooks and associated required materials for each class in which they are enrolled. The next section of calculations are designed to help you decide if this change is favorable to you personally. 2b. Representation, together with 3b. Calculations ba. Compute the increase in tuition due only to "free" textbooks for a full-time load (12 credit hours per semester) at $20 per credit hour for the academic year (2 semesters). Increase $ bb. Find the per cent increase in tuition due solely to the Textbook effect" in 2020-2021 from the previous year. % bc. Do you believe that inflation is still active, driving costs ever higher? bd. If you answered "yes" above, then add the per cent increase due to inflation with the "textbook effect" above (3b.bb) to find the total per cent increase in tuition over the academic year Page 3 of 6 % be. Find the new estimated total tuition cost in 2020-2021 when inflation and tree textbooks are included. $ 4. Application/Analysis a. Will the $240 increase in tuition (for 12 hours per semester) be advantageous to you personally, if you then do not have to pay for textbooks? Explain b. For which disciplines will this be particularly advantageous? 5. Assumptions a. What assumptions were made in the original estimate of tuition cost? (II. Part A.3a.af) b. What additional assumptions were made in the above current scenario? (3b.be) 6. Communication: Use of quantitative information Which of the above calculations are most beneficial to help you decide il "free" textbooks are to your advantage? Critical thinking 1. Explain the issues What issues are being considered with this assignment? 2. Evidence, questioning sources a. What is the source of the data of Section 1, Visual Communication, 'Are you on the fast track?" b. What is the source of Table A? c. What is the source of the information in Section 1.b, Ellect of "tree" textbooks? Page 4 of 6 d. Rate the trustworthiness of a, b, and c above: e. Are there other sources of information which could be considered? 3. Identifying and questioning assumptions a. What assumptions did you make in calculating the tuition costs for Table A, 2019-2020 and 2020-2021? (ll. Part A. 3a.af) b. What contextual influences of cultural, social, political, philosophical, and/or historical do you recognize? 4. Student's position, acknowledging complexities Do you think that "free" textbooks with this scenario will be advantageous to you personally? Explain. 5. Conclusions and consequences What do you need to do based on your considerations of the factors of this exercise? Page 5 of 6