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The following frequency distribution shows the yearly tuition (in $1,000s) of a sample of private ...

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The following frequency distribution shows the yearly tuition (in $1,000s) of a sample of private ...

The following frequency distribution shows the yearly tuition (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. (Give your answer in dollars.)

Textbook

Essentials of Statistics for Business and Economics

Edition: 7^th

Authors: Anderson, Sweeney, Williams, Camm, Cochran

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