The report Trends in College Pricing 2009 ( www. college board. com) included the information in the
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a. Construct a relative frequency histogram for tuition and fees for students at public four- year colleges. Write a few sentences describing the distribution of tuition and fees, commenting on center, spread and shape.
b. Construct a relative frequency histogram for tuition and fees for students at private nonprofit four- year colleges. Be sure to use the same scale for the vertical and horizontal axes as you used for the histogram in Part (a). Write a few sentences describing the distribution of tuition and fees for students at private nonprofit four- year colleges.
c. Write a few sentences describing the differences in the distributions.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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