menu
bartleby
search
close search
Hit Return to see all results
close solutoin list

Table 2.18 shows a portion of the data for a sample of 103 private colleges and universities. The complete data set is contained in the file named Colleges. The data include the name of the college or university, the year the institution was founded, the tuition and fees (not including room and board) for the most recent academic year, and the percentage of full time, first-time bachelor’s degree-seeking undergraduate students who obtain their degree in six years or less (The world Almanac, 2012). a. Construct a crosstabulation with Year Founded as the row variable and Tuition & Fees as the column variable. Use classes starting with 1600 and ending with 2000 in increments of 50 for Year Founded. For Tuition & Fees, use classes starting with 1 and ending 45000 in increments of 5000. b. Compute the row percentages for the crosstabulation in part (a). c. What relationship, if any, do you notice between Year Founded and Tuition & Fees? TABLE 2.18 DATA FOR A SAMPLE OF PRIVATE COLLEGES AND UNIVERSITIES

BuyFindarrow_forward

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

Solutions

Chapter
Section
BuyFindarrow_forward

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
Chapter 2, Problem 53SE
Textbook Problem
97 views

Table 2.18 shows a portion of the data for a sample of 103 private colleges and universities. The complete data set is contained in the file named Colleges. The data include the name of the college or university, the year the institution was founded, the tuition and fees (not including room and board) for the most recent academic year, and the percentage of full time, first-time bachelor’s degree-seeking undergraduate students who obtain their degree in six years or less (The world Almanac, 2012).

  1. a. Construct a crosstabulation with Year Founded as the row variable and Tuition & Fees as the column variable. Use classes starting with 1600 and ending with 2000 in increments of 50 for Year Founded. For Tuition & Fees, use classes starting with 1 and ending 45000 in increments of 5000.
  2. b. Compute the row percentages for the crosstabulation in part (a).
  3. c. What relationship, if any, do you notice between Year Founded and Tuition & Fees?

  TABLE 2.18 DATA FOR A SAMPLE OF PRIVATE COLLEGES AND UNIVERSITIES

Chapter 2, Problem 53SE, Table 2.18 shows a portion of the data for a sample of 103 private colleges and universities. The

a.

To determine

Construct a cross tabulation for the data with year founded as row variable and Tuition and fees as column variable.

Explanation of Solution

Calculation:

The data represents the sample of 103 private colleges and universities which contains the name of the college, year founded, tuition and fees and percentage of undergraduate students (full-time, first-time bachelor’s degree-seeking students).

Further, the class limits for year founded starts with 1600 and ended with 2000 with increments of 50. For tuition and fees, the class limits starts with 1 and ended with 45,000 with increments of 5,000. Here, year founded is the row variable and tuition and fees is column variable.

Software procedure:

Step-by-step procedure to construct class limits for year founded using MINITAB software is given below:

  • Select Data > Code > Numeric to Text
  • In Code data from columns, select Year founded
  • In Store coded data in columns, select the Year founded
  • In the Original values box, enter “1600:1649, 1700:1749, 1750:1799, 1800:1849, 1850:1899, 1900:1949, 1950:2000”
  • In the New box, enter “1600-1649, 1700-1749, 1750-1799, 1800-1849, 1850-1899, 1900-1949, 1950-2000”.
  • Click Ok...

b.

To determine

Compute the row percentages for the data.

c.

To determine

Find the relationship between Year founded and Tuition & fees.

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Chapter 2 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT
Show all chapter solutions
add
Ch. 2.2 - Consider the following data. a. Develop a...Ch. 2.2 - Consider the following frequency distribution....Ch. 2.2 - Construct a histogram for the data in exercise 12.Ch. 2.2 - Consider the following data. a. Construct a dot...Ch. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Applications A doctors office staff studied the...Ch. 2.2 - CBSSports.com developed the Total Player Ratings...Ch. 2.2 - Based on the tons handled in a year, the ports...Ch. 2.2 - The London School of Economics and the Harvard...Ch. 2.2 - Fortune provides a list of Americas largest...Ch. 2.2 - entrepreneur magazine ranks franchises using...Ch. 2.2 - The DATAfile EngineeringSalary contains the median...Ch. 2.2 - Each year America.EDU ranks the best paying...Ch. 2.2 - The 2011 Cincinnati Flying Pig Half-Marathon (13.1...Ch. 2.3 - The following data are for 30 observations...Ch. 2.3 - The following observations are for two...Ch. 2.3 - The Daytona 500 is a 500-mile automobile race held...Ch. 2.3 - The following crosstabulation shows the average...Ch. 2.3 - Recently, management at Oak Tree Golf Course...Ch. 2.3 - The following crosstabulation shows the number of...Ch. 2.3 - Each year Forbes ranks the worlds most valuable...Ch. 2.3 - Refer to Table 2.12. a. Prepare a crosstabulation...Ch. 2.3 - The U.S. Department of Energys Fuel Economy Guide...Ch. 2.4 - The following 20 observations are for two...Ch. 2.4 - Consider the following data on two categorical...Ch. 2.4 - The following crosstabulation summarizes the data...Ch. 2.4 - A study on driving speed (miles per hour) and fuel...Ch. 2.4 - The Current Results website lists the average...Ch. 2.4 - People often wait until middle age to worry about...Ch. 2.4 - Smartphones are advanced mobile phones with...Ch. 2.4 - The Northwest regional manager of an outdoor...Ch. 2 - Approximately 1.5 million high school students...Ch. 2 - The DATAfile MedianHousehold contains the median...Ch. 2 - Data showing the population by state in millions...Ch. 2 - A startup companys ability to gain funding is a...Ch. 2 - Consumer complaints are frequently reported to the...Ch. 2 - The term Beta refers to a measure of a stocks...Ch. 2 - The U.S. Census Bureau serves as the leading...Ch. 2 - western University has only one womens softball...Ch. 2 - Fortune magazine publishes an annual survey of the...Ch. 2 - Table 2.18 shows a portion of the data for a...Ch. 2 - Refer to the data set in Table 2.18. a. Construct...Ch. 2 - Refer to the data set in Table 2.18. a. Construct...Ch. 2 - Refer to the data set in Table 2.18. a. Prepare a...Ch. 2 - Google has changed its strategy with regard to how...Ch. 2 - A zoo has categorized its visitors into three...Ch. 2 - Pelican Stores Pelican Stores, a division of...Ch. 2 - Motion Picture Industry The motion picture...Ch. 2 - Queen City Cincinnati, Ohio, also known as the...

Additional Math Textbook Solutions

Find more solutions based on key concepts
Show solutions add
Why do economists make assumptions?

Principles of Economics (MindTap Course List)

Why is understanding motivation important?

Foundations of Business (MindTap Course List)

What is the cause of an unfavorable volume variance?

Managerial Accounting: The Cornerstone of Business Decision-Making

It is a fact that the federal government (1) encouraged the development of the savings and loan industry, (2) v...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

Describe leveraging and give an example of how a corporation can gain leverage by issuing bonds.

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

How do the income statements of a manufacturing firm and a service firm differ?

Cornerstones of Cost Management (Cornerstones Series)

Under what circumstances is a stratified random sample preferred to a simple random sample?

Research Methods for the Behavioral Sciences (MindTap Course List)

In each expression, factor by grouping. b(xy)+a(xy)

College Algebra (MindTap Course List)

31-50 Differentiate the function. V(t)=4+ttet

Calculus (MindTap Course List)

Evaluate the integral. 35. /6/2cot2xdx

Single Variable Calculus: Early Transcendentals

Mortgage Rates The following table is taken from the website of Freddie Mac. It shows rates for 30-year fixed-r...

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

In Exercises 4143, find the distance between the two points. 43. (12,3) and (12,23)

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

The critical numbers of f(x) = 3x4 = 20x3 36x2 are: a) 0, 1, 6 b) 0, 1, 6 c) 0, 1, 6 d) 0, 1, 6

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

In Exercises 1728, use the logarithm identities to obtain the missing quantity.

Finite Mathematics and Applied Calculus (MindTap Course List)

Prove the identities. (a) tan sin + cos = sec (b) 2tanx1+tan2x=sin2x

Single Variable Calculus: Early Transcendentals, Volume I

In Exercises 1-4, simplify the expression. 2x22x124x224x+36

Calculus: An Applied Approach (MindTap Course List)

Find the following products. (3+7i)(37i)

Trigonometry (MindTap Course List)

Suppose we have a multinomial population with four categories: A, B, C, and D. The null hypothesis is that the ...

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

(a) The beam is simply supported at both ends, and w(x) = w0, 0 x L. (b) Use a graphing utility to graph the ...

A First Course in Differential Equations with Modeling Applications (MindTap Course List)