Question: The data in this spreadsheet represents preferences for universities. Preference may be a function of whether the school is instate or out of state, the
The data in this spreadsheet represents preferences for universities. Preference may be a function of whether the school is instate or out of state, the cost, and whether the school has a greater reputation for football, basketball, or academics. The rank shown reflects rank of being the most preferred school. Determine the following:
Which of the three factors is most important to students when making a university decision?
How much more can a school charge for tuition if they have a good basketball team instead of a good football team if the tuition is currently $
For consistency, when building your analysis, use "Out of state", $ and Football as your base dummy variables.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
