Suppose the table below gives the average tuition and fees at 2-year and 4-year state schools in a particular state. Values are adjusted to 2019 dollars. Academic Year 4-year state school 2-year state school 2005-06 $5,904 $2,661 2006-07 $6,066 $2,539 2007-08 $6,289 $2,604 2008-09 $7,222 $2,901 2009-10 $7,738 $3,065 2010-11 $8,035 $3,117 2011-12 $8,154 $3,108 2012-13 $8,497 $3,075 2013-14 $8,578 $3,025 2014-15 $9,390 $3,326 2015-16 $10,004 $3,504 2016-17 $10,474 $3,663 2017-18 $10,789 $3,830 2018-19 $10,874 $3,859 2019-20 $10,900 $3,907 Here is a graph of the information from the table.   a. What is the absolute change in tuition and fees at this state's four-year institutions from 2005-06 to 2019-20? b. What is the relative change in tuition and fees at this state's four-year institutions from 2005-06 to 2019-20? Round to the nearest whole percentage point. c. Describe the general trends you see on the graph for tuition and 2-year and 4-year public colleges.

Algebra & Trigonometry with Analytic Geometry
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ISBN:9781133382119
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Suppose the table below gives the average tuition and fees at 2-year and 4-year state schools in a particular state.

Values are adjusted to 2019 dollars.

Academic Year

4-year state school

2-year state school

2005-06

$5,904

$2,661

2006-07

$6,066

$2,539

2007-08

$6,289

$2,604

2008-09

$7,222

$2,901

2009-10

$7,738

$3,065

2010-11

$8,035

$3,117

2011-12

$8,154

$3,108

2012-13

$8,497

$3,075

2013-14

$8,578

$3,025

2014-15

$9,390

$3,326

2015-16

$10,004

$3,504

2016-17

$10,474

$3,663

2017-18

$10,789

$3,830

2018-19

$10,874

$3,859

2019-20

$10,900

$3,907

Here is a graph of the information from the table.

 

a. What is the absolute change in tuition and fees at this state's four-year institutions from 2005-06 to 2019-20?

b. What is the relative change in tuition and fees at this state's four-year institutions from 2005-06 to 2019-20? Round to the nearest whole percentage point.

c. Describe the general trends you see on the graph for tuition and 2-year and 4-year public colleges.

$12,000.00
Average Tuition and Fees in 2019 Dollars 2000-2020
$10,000.00
$8,000.00
$6,000.00
$4,000.00
$2,000.00
$0.00
2005-06
2011-12
4-year state school
2012-13
2015-16
2-year state school
2016-17
2018-19
2019-20
L0-9007
80-L007
60-800Z
2009-10
2010-11
2013-14
2014-15
2017-18
Transcribed Image Text:$12,000.00 Average Tuition and Fees in 2019 Dollars 2000-2020 $10,000.00 $8,000.00 $6,000.00 $4,000.00 $2,000.00 $0.00 2005-06 2011-12 4-year state school 2012-13 2015-16 2-year state school 2016-17 2018-19 2019-20 L0-9007 80-L007 60-800Z 2009-10 2010-11 2013-14 2014-15 2017-18
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