Discuss the below:
Using the ROI data set:
1. For each of the 2 majors calculate the mean, median, minimum, maximum, range, and standard deviation for the columns ‘Cost' and '30-Year ROI'.
2. By hand or with Excel, for each of the 2 majors calculate the probability that a college picked from the column for ‘School Type' is ‘Private'.
3. By hand or with Excel, for each of the 2 majors find the probability that a college with the ‘School Type' ‘Private' has a '30-Year ROI' between $1,500,000 and $1,800,000.