UOP MATH 216 Week 5 Project

Quantitative Reasoning II Project

Quantitative Reasoning II Project

MTH 216 Quantitative Reasoning II Project

Kenneth Steele Jr.

Professor Steven Shepard

University of Phoenix

PREDICTED COLLEGE TUITION AND FEES IN HUMANITIES AND SCIENCES SCENARIO

VISUAL 1

R2 0.712 and is close to 1. This explains that the model is a good fit for the data.

It is 3 years to 2018 from 2015

Therefore, the predicted tuition and fees for 2016 is

Y=1813.1x-4e+06

Replacing x with 3 gives $3,622,751

According to the visual above, the 2018 value doesn’t match this prediction. It is too much difference.

This visual has an upward trend as shown by the trend line.

VISUAL 2

The histogram above shows the upward trend as the tuition fees has been increasing from 2004 to 2015. This also shows a high probability of the coming years been higher.

VISUAL 3

The highest tuition fees was in 2015 with 14% marked as 1 in the key. 10 is year 2004 with a 7%.

This also shows the upward trend.

The mean of yearly tuition and fees is $26038

2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 44190 36679 30442 25876 24112 22984 25770 21389 17753 24702 20142 18415

Year

tuitionfees

Yearly Tuition and Fees 44190 36679 30442 25876 24112 22984 25770 21389 17753 24702 20142 18415

years from 2015 to 2004

tuition and fees

Yearly Tuition and Fees

44190 36679 30442 25876 24112 22984 25770 21389 17753 24702 20142 18415