Solved: The information below shows the cost for a year of college, Basic Statistics

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The information below shows the cost for a year of college

The information below shows the cost for a year of college in public and private colleges in 1980-81 and 2007-08. What is the geometric mean annual increase for the period for the two types of colleges? Compare the rates of increase.

Type of College	1980-81	2007-08
Public	$2,550	$6,966
Private	5,594	13,424

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Basic Statistics: The information below shows the cost for a year of college

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Basic Statistics: The information below shows the cost for a year of college

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