The data set provided contains the aver-age tuition of private four-year colleges and universities as well as

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The data set provided contains the aver-age tuition of private four-year colleges and universities as well as the average 2007–2008 tuitions for each state. The mean tuition charged by a public two-year college was $2763, with a standard deviation of $988. For private four-year colleges the mean was $21,259, with a standard deviation of $6241. Which would be more unusual: a state whose average public two-year college is $700 or a state whose average private four-year college tuition was $10,000? Explain.
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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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