The question indicated above speaks to expense analysis for anonymous colleges. See the details of the analyses below.
From the pictorial representation, which cost category varies the least among the different types of colleges?
The cost category that varies the least amongst the various types of colleges is Books and supplies. Notice that at no point did it go below 1,097, nor above, 1,350.
The categories that do not cost more as one goes down the chart (apart from other expenses) are:
- Books and supplies and
- Transportation.
Books and supplies went from: $1,350 to $1,107, to 1,107, and then to 1097. Hence decreasing gradually over time.
Transportation also decreased over time starting out from $2,152, to $2,099, to 2,099 and then flatting out at $1,571.
It may be explained that the cost of books is on the decline as more and more people prefer online reading while the cost of transportation is declining as more and more students use their cars or vehicles to the college, hence driving down the cost of transportation.
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