Math Problem Statement
The distribution of the tuitions, fees, and room and board charges of a random sample of public 4-year degree-granting postsecondary institutions is shown in the pie chart. Make a frequency distribution for the data. Then use the table to estimate the sample mean and the sample standard deviation of the data set. Use
$26249.50 as the midpoint for
$25,000
or more."
Solution
To compute the frequency distribution, sample mean, and sample standard deviation based on the given tuition data (from a pie chart), you need to follow these steps:
1. Frequency Distribution Table:
We will first organize the tuition fees into class intervals, identify the frequency for each interval, and then calculate the midpoint for each class. You have also provided the midpoint of $25,000 or more as $26,249.50.
Typical Structure of the Frequency Distribution Table:
Class Interval | Frequency (f) | Midpoint (x) | |
---|---|---|---|
$5,000 - $9,999 | f1 | m1 | f1 \times m1 |
$10,000 - $14,999 | f2 | m2 | f2 \times m2 |
$15,000 - $19,999 | f3 | m3 | f3 \times m3 |
$20,000 - $24,999 | f4 | m4 | f4 \times m4 |
$25,000 or more | f5 | $26,249.50 | f5 \times 26,249.50 |
If you can provide me with the actual frequencies or percentages from the pie chart, I can help you complete this table.
2. Calculate Sample Mean:
The formula for the sample mean is:
Where:
- is the sample mean,
- is the frequency of each class,
- is the midpoint of each class,
- is the sum of the product of frequencies and midpoints, and
- is the total number of observations (total frequency).
3. Calculate Sample Standard Deviation:
The formula for the sample standard deviation is:
Where:
- is the sample standard deviation,
- is the frequency of each class,
- is the midpoint of each class,
- is the sample mean,
- is the total frequency (total number of observations).
Next Steps:
If you provide the frequencies or the actual percentages from the pie chart, I can calculate the sample mean and sample standard deviation for you.
Would you like to continue and input the necessary data from the pie chart?
Related Questions:
- What is the total number of institutions in the sample?
- How were the intervals for tuition charges determined in the sample?
- How does the sample data compare to national averages for public institutions?
- What is the significance of using the midpoint for calculations in this case?
- How do outliers (extreme values) affect the standard deviation in tuition data?
Tip:
Always use the midpoints when calculating the mean and standard deviation for grouped data, as this ensures an accurate approximation of the dataset.
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Math Problem Analysis
Mathematical Concepts
Statistics
Frequency Distribution
Mean
Standard Deviation
Formulas
Sample Mean formula: \( \bar{x} = \frac{\sum (f \times x)}{\sum f} \)
Sample Standard Deviation formula: \( s = \sqrt{\frac{\sum (f \times (x - \bar{x})^2)}{n - 1}} \)
Theorems
Central Limit Theorem (implied in sample mean and standard deviation calculations)
Suitable Grade Level
College Statistics
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