Average Tuition and Fees in 2014 Dollars 2000-2015 Academic Year Public 4-year Public 2-year 00-01 $4,837 $2,264 01-02 $5,055 $2,158 02-03 $5,241 $2,214 03-04 $6,018 $2,473 04-05 $6,448 $2,615 05-06 $6,696 $2,660 06-07 $6,795 $2,653 07-08 $7,081 $2,624 08-09 $7,148 $2,580 09-10 $7,825 $2,842 10-11 $8,337 $2,997 11-12 $8,728 $3,135 12-13 $8,991 $3,280 13-14 $9,062 $3,306 14-15 $9,139 $3,347 Tuition and fees at public four-year and public two-year institutions from 2000-2015 are shown in the table and the graph above. Values have been adjusted to 2014 dollars to account for inflation. a. What is the absolute change in tuition and fees at public four-year institutions from 2000-01 to 2014-15? b. Calculate the relative change in tuition and fees at public four-year institutions from 2000-01 to 2014-15. Round to the nearest whole percentage point.
Average Tuition and Fees in 2014 Dollars 2000-2015 Academic Year Public 4-year Public 2-year 00-01 $4,837 $2,264 01-02 $5,055 $2,158 02-03 $5,241 $2,214 03-04 $6,018 $2,473 04-05 $6,448 $2,615 05-06 $6,696 $2,660 06-07 $6,795 $2,653 07-08 $7,081 $2,624 08-09 $7,148 $2,580 09-10 $7,825 $2,842 10-11 $8,337 $2,997 11-12 $8,728 $3,135 12-13 $8,991 $3,280 13-14 $9,062 $3,306 14-15 $9,139 $3,347 Tuition and fees at public four-year and public two-year institutions from 2000-2015 are shown in the table and the graph above. Values have been adjusted to 2014 dollars to account for inflation. a. What is the absolute change in tuition and fees at public four-year institutions from 2000-01 to 2014-15? b. Calculate the relative change in tuition and fees at public four-year institutions from 2000-01 to 2014-15. Round to the nearest whole percentage point.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question
Average Tuition and Fees in 2014 Dollars 2000-2015
Academic Year | Public 4-year | Public 2-year |
---|---|---|
00-01 | $4,837 | $2,264 |
01-02 | $5,055 | $2,158 |
02-03 | $5,241 | $2,214 |
03-04 | $6,018 | $2,473 |
04-05 | $6,448 | $2,615 |
05-06 | $6,696 | $2,660 |
06-07 | $6,795 | $2,653 |
07-08 | $7,081 | $2,624 |
08-09 | $7,148 | $2,580 |
09-10 | $7,825 | $2,842 |
10-11 | $8,337 | $2,997 |
11-12 | $8,728 | $3,135 |
12-13 | $8,991 | $3,280 |
13-14 | $9,062 | $3,306 |
14-15 | $9,139 | $3,347 |
Tuition and fees at public four-year and public two-year institutions from 2000-2015 are shown in the table and the graph above. Values have been adjusted to 2014 dollars to account for inflation.
a. What is the absolute change in tuition and fees at public four-year institutions from 2000-01 to 2014-15?
b. Calculate the relative change in tuition and fees at public four-year institutions from 2000-01 to 2014-15. Round to the nearest whole percentage point.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman