The following frequency distribution shows the yearly tuitions (in $1,000s) of a sample of private colleges. Yearly Tuition Frequency
12-16 5
17-21 4
22-26 3
27-31 2
For the above data, compute the mean yearly tuition.

19.714

Step-by-step explanation:

Given :

Yearly Tuition Frequency

12-16 5

17-21 4

22-26 3

27-31 2

We calculate the midpoint (x) = (lower + upper) / 2

The mean yearly tuition :

The midpoint (x) :

X ___ F ___ Fx

14 __ 5

19 __ 4

24 __ 3

29 __ 2

The mean = Σfx / Σf

Σfx / Σf = (14*5 + 19*4 + 24*3 + 29*2) / (5+4+3+2)

Mean = 276 / 14

Mean yearly tuition = 19.714