Average Dormitory Charges at Four-Year U.S. Colleges $7000 Public Institutions $6000 Private Institutions $5000 $4000 $3000 $2000 $1000- 2010 2011 2012 2013 Ending Year in the School Year Dormitory Charges 4565 5249 4824 5413 5046 5629 5241 5837

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
Problem 22EQ
icon
Related questions
Question

The bar graph shows the average dormitory charges at public and private four-year U.S. colleges. Use the information displayed by the graph to solve,a. Use the numbers shown by the bar graph to find the total  dormitory charges at private colleges for a four-year period from the school year ending in 2010 through the school year ending in 2013.

b. The model an = 198n + 5037 describes the dormitory charges at private colleges in academic year n, where n = 1 corresponds to the school year ending in 2010, n = 2 to the school year ending in 2011, and so on. Use this model and the formula for Sn to find the total dormitory charges at private colleges for a four-year period from the school year ending in 2010 through the school year ending in 2013. How does this compare with the actual sum you obtained in part (a)?

Average Dormitory Charges at
Four-Year U.S. Colleges
$7000
Public Institutions
$6000
Private Institutions
$5000
$4000
$3000
$2000
$1000-
2010
2011
2012
2013
Ending Year in the School Year
Dormitory Charges
4565
5249
4824
5413
5046
5629
5241
5837
Transcribed Image Text:Average Dormitory Charges at Four-Year U.S. Colleges $7000 Public Institutions $6000 Private Institutions $5000 $4000 $3000 $2000 $1000- 2010 2011 2012 2013 Ending Year in the School Year Dormitory Charges 4565 5249 4824 5413 5046 5629 5241 5837
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Inequality
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.
Similar questions
Recommended textbooks for you
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning