business insights through data


Q1. In a recent 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 previous academic year for a sample of 10 public universities were as follows: $1,589, $593, $1,223, $869, $423, $1,720, $708, $1,425, $922 and $308. Calculate the following statistics (paste the excel output) A. Mean B. Median C. Standard deviation of change in cost D. Coefficient of Variation of Change in Cost E. Skewness