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

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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