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TABLE 3-7 in a Recent Academic Year, Many Public Universities in the in the United

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TABLE 3-7
In a recent academic year, many public universities in the United States raised tuition and fees due to a decrease in state subsidies. The change in the cost of tuition, a shared dormitory room, and the most popular meal plan from the previous academic year for a sample of 10 public universities were as follows: $1,589, $593, $1,223, $869, $423, $1,720, $708, $1425, $922 and $308.
-Referring to Table 3-7, what is the standard deviation of the change in the cost?

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Definitions:

Buckley Amendment

Refers to the Family Educational Rights and Privacy Act (FERPA), a federal law that protects the privacy of student education records.

FERPA

(Family Educational Rights and Privacy Act of 1974) affirms the right of all individuals to gain access to their school records, including test records.

Reliability

The degree to which an assessment tool produces stable and consistent results over repeated applications under the same conditions.

Cronbach's Coefficient Alpha

Cronbach's Coefficient Alpha is a statistic used to assess the internal consistency or reliability of a set of scale or test items.

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