A sample on nine public universities and nine private universities was taken. The total cost for the year (including room and board) and median SAT score (maximum total is 2400) at each school were recorded. It was felt that schools with higher median SAT scores would have a better reputation and would charge more tuition as a result of that. The data is in the table below. Uss regression to help answer the following questions based on this sample data. Do schools with higher SAT scores charge more in tuition and fees? Are private schools more expensive than public school when SAT scores are taken into consideration.Category Total cost Median SATPublic 21,700 1990Public 15,600 1620Public 16,900 1810Public 15,400 1540Public 23,100 1540Public 21,400 1600Public 16,500 1560Public 23,500 1890Public 20,200 1620Private 30,400 1630Private 41,500 1840Private 36,100 1980Private 42,100 1930Private 27,100 2130Private 34,800 2010Private 32,100 1590Private 31,800 1720Private 32,100 1770Discuss how accurate you believe these results are using the information related the regression models.
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