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