Question: Using the ROI data set: 1. For each of the 2 majors calculate the mean, median, minimum, maximum, range, and standard deviation for the columns
Using the ROI data set:
1. For each of the 2 majors calculate the mean, median, minimum, maximum, range, and standard deviation for the columns ‘Cost’ and ’30-Year ROI’.
2. By hand or with Excel, for each of the 2 majors calculate the probability that a college picked from the column for ‘School Type’ is ‘Private’.
3. By hand or with Excel, for each of the 2 majors find the probability that a college with the ‘School Type’ ‘Private’ has a ’30-Year ROI’ between $1,500,000 and $1,800,000.
| School Type | Cost | 30 Year ROI | Annual ROI |
| Private | $221,700.00 | $2,412,000.00 | 8.70% |
| Private | $213,000.00 | $2,064,000.00 | 8.30% |
| Private | $230,100.00 | $1,949,000.00 | 7.90% |
| Private | $222,600.00 | $1,947,000.00 | 8.00% |
| Private | $225,800.00 | $1,938,000.00 | 8.00% |
| Public | $87,660.00 | $1,937,000.00 | 11.20% |
| Private | $224,900.00 | $1,915,000.00 | 7.90% |
| Private | $221,600.00 | $1,878,000.00 | 7.90% |
| Public | $125,100.00 | $1,854,000.00 | 9.80% |
| Private | $215,700.00 | $1,794,000.00 | 7.90% |
| Public | $92,530.00 | $1,761,000.00 | 10.60% |
| Private | $217,800.00 | $1,752,000.00 | 7.70% |
| Public | $89,700.00 | $1,727,000.00 | 10.70% |
| Private | $229,600.00 | $1,716,000.00 | 7.50% |
| Public | $101,500.00 | $1,703,000.00 | 10.20% |
| Public | $115,500.00 | $1,694,000.00 | 9.70% |
| Public | $104,500.00 | $1,690,000.00 | 10.10% |
| Public | $69,980.00 | $1,685,000.00 | 11.50% |
| Private | $219,400.00 | $1,676,000.00 | 7.60% |
| Public | $64,930.00 | $1,668,000.00 | 11.70% |
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