The provided table shows the in-state undergraduate tuition in 2014 and 2018 for 33 public universities. Virginia's data was identified as an unusual observation. Remove it from the dataset before performing the following analysis. Year2014 Year2018 Year2014 Year2018 Year 2014 Year 2018 University University University Penn State 17,502 18, 454 Ohio State 10,037 10, 726 Texas 9798 10,606 Pittsburgh 17,772 19, 080 Virginia 12, 998 17, 564 Nebraska 8070 9154 Michigan 13, 486 15, 262 Cal-Davis 15, 589 14, 463 lowa 8079 9267 Rutgers 14, 297 14, 974 Cal-Berkeley 12,972 14. 184 Colorado 10, 789 12. 532 Michigan Cal-Irvine 14, 757 15,614 lowa State 7731 8988 13. 813 14, 460 State Purdue 10, 002 9992 North 8346 8987 Maryland 9427 10, 595 Carolina Cal-San 13,456 14, 199 Illinois 15,020 15.094 Diego Kansas 10, 448 II, 148 Minnesota 13, 626 14, 693 Oregon 9918 11, 898 Arizona 10, 957 12, 487 Missouri 11,021 12,055 Wisconsin 10,410 10. 555 Florida 6313 6381 Buffalo 10, 099 Washington Georgia Tech 8871 12. 394 11,517 I1,394 12,424 Indiana 10, 388 10, 681 UCLA 13,029 13, 774 Texas A&M 10, 968 9179 Construct a 98% confidence interval for the slope. Round the answer to four decimal places.
The provided table shows the in-state undergraduate tuition in 2014 and 2018 for 33 public universities. Virginia's data was identified as an unusual observation. Remove it from the dataset before performing the following analysis. Year2014 Year2018 Year2014 Year2018 Year 2014 Year 2018 University University University Penn State 17,502 18, 454 Ohio State 10,037 10, 726 Texas 9798 10,606 Pittsburgh 17,772 19, 080 Virginia 12, 998 17, 564 Nebraska 8070 9154 Michigan 13, 486 15, 262 Cal-Davis 15, 589 14, 463 lowa 8079 9267 Rutgers 14, 297 14, 974 Cal-Berkeley 12,972 14. 184 Colorado 10, 789 12. 532 Michigan Cal-Irvine 14, 757 15,614 lowa State 7731 8988 13. 813 14, 460 State Purdue 10, 002 9992 North 8346 8987 Maryland 9427 10, 595 Carolina Cal-San 13,456 14, 199 Illinois 15,020 15.094 Diego Kansas 10, 448 II, 148 Minnesota 13, 626 14, 693 Oregon 9918 11, 898 Arizona 10, 957 12, 487 Missouri 11,021 12,055 Wisconsin 10,410 10. 555 Florida 6313 6381 Buffalo 10, 099 Washington Georgia Tech 8871 12. 394 11,517 I1,394 12,424 Indiana 10, 388 10, 681 UCLA 13,029 13, 774 Texas A&M 10, 968 9179 Construct a 98% confidence interval for the slope. Round the answer to four decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:The provided table shows the in-state undergraduate tuition in 2014 and 2018 for 33 public universities.
Virginia's data was identified as an unusual observation. Remove it from the dataset before performing the following analysis.
Year 2014 Year2018
Year2014 Year2018
Year2014 Year2018
University
University
University
Penn State
17, 502
18, 454
Ohio State
10, 037
10, 726
Texas
9798
10, 606
Pittsburgh
17, 772
19,080
Virginia
12, 998
17, 564
Nebraska
8070
9154
Michigan
13,486
15, 262
Cal-Davis
15, 589
14, 463
lowa
8079
9267
Rutgers
14, 297
14, 974
Cal-Berkeley
12, 972
14. 184
Colorado
10, 789
12,532
Michigan
Cal-Irvine
14, 757
15, 614
lowa State
7731
8988
13, 813
14, 460
State
Purdue
10, 002
9992
North
8346
8987
Maryland
9427
10, 595
Carolina
Cal-San
13, 456
14, 199
Illinois
15,020
15,094
Diego
Kansas
10, 448
II, 148
Minnesota
13, 626
14, 693
Oregon
9918
11, 898
Arizona
10, 957
12, 487
Missouri
11,021
12, 055
Wisconsin
10,410
10. 555
Florida
6313
6381
Buffalo
10, 099
Washington
Georgia Tech
I1, 394
8871
12. 394
11,517
12,424
Indiana
10, 388
10, 681
UCLA
13, 029
13, 774
Texas A&M
9179
10, 968
Construct a 98% confidence interval for the slope.
Round the answer to four decimal places.
lower bound:
upper bound:

Transcribed Image Text:What does this interval tell you about the change in tuition between 2014 and 2018?
With 98% confidence for each increase of $1 in tuition in 2014 the mean decrease in the tuition per dollar in 2018 is
between the lower and upper bounds of the CI.
O With 98% confidence for each increase of $1 in tuition in 2014 the mean increase in the tuition per dollar in 2018 is out
of the lower and upper bounds of the CI.
O With 98% confidence for cach increase of $I in tuition in 2014 the mean decrease in the tuition per dollar in 2018 is out
of the lower and upper bounds of the CI.
With 98% confidence for cach increase of $I in tuition in 2014 the mean increase in the tuition per dollar in 2018 is
between the lower and upper bounds of the CI.
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