BUSINESS STATISTICS FINAL PAPER

profileylang
ROI_by_Major2.xlsx

Business Major

School Type Cost 30 Year ROI Annual ROI School Type Business Major Engineering Major
Private $222,700.00 $1,786,000.00 7.70% Private 16 11
Private $176,400.00 $1,758,000.00 8.40% Public 4 9
Private $212,200.00 $1,714,000.00 7.80% Total 20 20
Public $125,100.00 $1,535,000.00 9.10% Prob (Private) 0.8 0.55
Private $212,700.00 $1,529,000.00 7.40%
Public $92,910.00 $1,501,000.00 10.10%
Private $214,900.00 $1,485,000.00 7.30% Business Major Engineering Major
Private $217,800.00 $1,483,000.00 7.20% Cost 30 Year ROI Cost 30 Year ROI
Private $225,600.00 $1,444,000.00 7.00% Mean 188632 1477800 164680 1838000
Private $217,300.00 $1,442,000.00 7.10% Standard Error 11292.9100393962 29727.0566107182 14844.1645277299 40204.215542259
Private $226,500.00 $1,441,000.00 7.00% Median 215200 1441500 214350 1777500
Private $215,500.00 $1,438,000.00 7.20% Mode ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A
Private $223,500.00 $1,428,000.00 7.00% Standard Deviation 50503.4290237593 132943.438705101 66385.1219063904 179798.717869089
Private $226,600.00 $1,414,000.00 7.00% Sample Variance 2550596343.15789 17673957894.7368 4406984410.52632 32327578947.3684
Private $189,300.00 $1,397,000.00 7.50% Kurtosis 0.0216941577 1.0599733895 -1.9199358844 4.4425698622
Public $89,700.00 $1,382,000.00 9.90% Skewness -1.2553216019 1.3132626348 -0.3244490968 1.8112386762
Public $87,030.00 $1,376,000.00 10.00% Range 142870 465000 165170 744000
Private $218,200.00 $1,343,000.00 6.90% Minimum 87030 1321000 64930 1668000
Private $229,900.00 $1,339,000.00 6.70% Maximum 229900 1786000 230100 2412000
Private $148,800.00 $1,321,000.00 8.10% Sum 3772640 29556000 3293600 36760000
Best College ROI by Majo 2013: Payscale.com Count 20 20 20 20

Engineering Major

School Type Cost 30 Year ROI Annual ROI School Type Cost 30 Year ROI Annual ROI
Private $221,700.00 $2,412,000.00 8.70% Private $222,700.00 $1,786,000.00 7.70%
Private $213,000.00 $2,064,000.00 8.30% Private $176,400.00 $1,758,000.00 8.40%
Private $230,100.00 $1,949,000.00 7.90% Private $212,200.00 $1,714,000.00 7.80%
Private $222,600.00 $1,947,000.00 8.00% Public $125,100.00 $1,535,000.00 9.10%
Private $225,800.00 $1,938,000.00 8.00% Private $212,700.00 $1,529,000.00 7.40%
Public $87,660.00 $1,937,000.00 11.20% Public $92,910.00 $1,501,000.00 10.10%
Private $224,900.00 $1,915,000.00 7.90% Private $214,900.00 $1,485,000.00 7.30%
Private $221,600.00 $1,878,000.00 7.90% Private $217,800.00 $1,483,000.00 7.20%
Public $125,100.00 $1,854,000.00 9.80% Private $225,600.00 $1,444,000.00 7.00%
Private $215,700.00 $1,794,000.00 7.90% Private $217,300.00 $1,442,000.00 7.10%
Public $92,530.00 $1,761,000.00 10.60% Private $226,500.00 $1,441,000.00 7.00%
Private $217,800.00 $1,752,000.00 7.70% Private $215,500.00 $1,438,000.00 7.20%
Public $89,700.00 $1,727,000.00 10.70% Private $223,500.00 $1,428,000.00 7.00%
Private $229,600.00 $1,716,000.00 7.50% Private $226,600.00 $1,414,000.00 7.00%
Public $101,500.00 $1,703,000.00 10.20% Private $189,300.00 $1,397,000.00 7.50%
Public $115,500.00 $1,694,000.00 9.70% Public $89,700.00 $1,382,000.00 9.90%
Public $104,500.00 $1,690,000.00 10.10% Public $87,030.00 $1,376,000.00 10.00%
Public $69,980.00 $1,685,000.00 11.50% Private $218,200.00 $1,343,000.00 6.90%
Private $219,400.00 $1,676,000.00 7.60% Private $229,900.00 $1,339,000.00 6.70%
Public $64,930.00 $1,668,000.00 11.70% Private $148,800.00 $1,321,000.00 8.10%

Private School

Engineering Major Engineering Major Business Major Business Major
School Type Cost 30 Year ROI Annual ROI 30 Year ROI 30 Year ROI School Type Cost 30 Year ROI Annual ROI
Private $221,700.00 $2,412,000.00 8.70% Mean 1912818.18181818 1538454.54545455 Private $222,700.00 $1,786,000.00 7.70%
Private $213,000.00 $2,064,000.00 8.30% Standard Deviation 202772.689572248 148658.914052514 Private $176,400.00 $1,758,000.00 8.40%
Private $230,100.00 $1,949,000.00 7.90% X1 1500000 1500000 Private $212,200.00 $1,714,000.00 7.80%
Private $222,600.00 $1,947,000.00 8.00% X2 1800000 1800000 Public $125,100.00 $1,535,000.00 9.10%
Private $225,800.00 $1,938,000.00 8.00% Z1 -2.0359 -0.2587 Private $212,700.00 $1,529,000.00 7.40%
Private $224,900.00 $1,915,000.00 7.90% Z2 -0.5564 1.7594 Private $214,900.00 $1,485,000.00 7.30%
Private $221,600.00 $1,878,000.00 7.90% P1 0.0209 0.3979 Private $217,800.00 $1,483,000.00 7.20%
Private $215,700.00 $1,794,000.00 7.90% P2 0.2890 0.9607 Private $217,300.00 $1,442,000.00 7.10%
Private $217,800.00 $1,752,000.00 7.70% P(1500000<X<1800000) 0.2681 0.5628 Private $215,500.00 $1,438,000.00 7.20%
Private $229,600.00 $1,716,000.00 7.50% Private $226,600.00 $1,414,000.00 7.00%
Private $219,400.00 $1,676,000.00 7.60% Private $229,900.00 $1,339,000.00 6.70%