The Basic Practice of Statistics 7th Edition

Published by W. H. Freeman
ISBN 10: 1-46414-253-X
ISBN 13: 978-1-46414-253-6

Chapter 1 - Picturing Distributions with Graphs - Apply Your Knowledge - Page 34: 1.12d


It is better to study a time series of the percent increase for each year.

Work Step by Step

The time series of the data would show a constant increase in tuition since 1980 (in terms of 2013 dollars). Since we are looking for patterns, the percent increase would fluctuate. This fluctuation in the percent increase would not always show an upward trend in the percent increase (i.e. after a 5% increase, there is a 2% increase).
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.