The information below shows the cost for a year of college in public and private colleges in

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The information below shows the cost for a year of college in public and private colleges in 2002€“03 and 2015€“16. What is the geometric mean annual increase for the period for the two types of colleges? Compare the rates of increase.

Type of College 2015-16 2002-03 $23,893 32,405 Public Private $ 4,960 18,056

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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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