TABLE 3-9
In the 2002- 2003 academic year, many public universities in the United States raised tuition and fees due to a decrease in state subsidies. The change in the cost of tuition, a shared dormitory room, and the most popular meal plan from the
2001- 2002 academic year for a sample of 10 public universities were as follows: $1589, $593, $1223, $869, $423, $1720, $708,
$1425, $922 and $308.
-Referring to Table 3-9, what is the coefficient of variation of the change in cost?
Correct Answer:
Verified
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