What Is NOT a Possible Opportunity Cost of Attending a Four-Year

question 85

Multiple Choice

What is NOT a possible opportunity cost of attending a four-year college following high school graduation?

• A) the experience of traveling throughout Europe and staying in hostels
• B) the income earned at a full-time job
• C) the cost of tuition at a four-year college
• D) job training learned at a vocational school
• E) the cost savings from attending a community college

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Definitions:

Expected Frequency

The predicted count of occurrences for a particular category or event in a statistical distribution, based on a theoretical probability.

Sample Size

The number of observations or data points that are selected from a larger population for purposes of statistical analysis; essential to the reliability of study results.

Goodness-of-Fit Test

A statistical test used to determine how well observed data fit a specific distribution.

Contingency Table

A table often used in statistics to display the frequency distribution of variables to analyze the relationship between categorical variables.