Question

There is a large variation in price for private fouryear colleges in the United States. The average 2007–2008 tuition and fees ranged from $3,000 to over $36,000 annually, according to CollegeBoard (www. collegeboard.com/). The distribution of full-time undergraduates at private four-year institutions is:
Supposing a college student at a private four-year institution is randomly selected to participate in a survey, what is the probability that the student:
a. Attends a college that costs less than $12,000 annually?
b. Attends a college that costs $30,000 or more annually?
c. Attends a college that costs between $15,000 and $26,999 annually?
d. Attends a college that costs less than $3000 annually?


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  • CreatedAugust 27, 2015
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