Question 1

We want to begin with importing our Project2data set as well as making a few packages active that we will use later.

We will start by creating a working copy that is a copy of our project data, in case we make any mistakes.

We will also start by separating our quantitative variables.

We can see from the schools in our data set that we 1.) Have many variables with missing values and 2.) some variables that have very odd distributions (i.e., Tuition has a kurtosis score of over 4000).

Project2Data<-read.csv("Project2Data.csv")
library(QuantPsyc)
## Loading required package: boot
## Loading required package: MASS
## 
## Attaching package: 'QuantPsyc'
## The following object is masked from 'package:base':
## 
##     norm
library(psych)
## 
## Attaching package: 'psych'
## The following object is masked from 'package:boot':
## 
##     logit
library(corrr)
library(corrplot)
## corrplot 0.84 loaded
workingcopy<-Project2Data
quantvariables<-subset(Project2Data, select = ADM_RATE:PCTFLOAN)
describe(quantvariables)
##             vars    n     mean       sd   median  trimmed      mad   min
## ADM_RATE       1 2198     0.69     0.21     0.71     0.71     0.21     0
## SAT_AVG        2 1304  1059.07   133.36  1039.50  1048.34   104.52   720
## UGDS           3 6990  2332.16  5438.85   406.00  1052.09   526.32     0
## UGDS_WHITE     4 6990     0.51     0.29     0.56     0.52     0.34     0
## UGDS_BLACK     5 6990     0.19     0.22     0.10     0.14     0.12     0
## UGDS_HISP      6 6990     0.16     0.22     0.07     0.11     0.08     0
## UGDS_ASIAN     7 6990     0.03     0.08     0.01     0.02     0.02     0
## UGDS_AIAN      8 6990     0.01     0.07     0.00     0.00     0.00     0
## UGDS_NHPI      9 6990     0.00     0.03     0.00     0.00     0.00     0
## UGDS_2MOR     10 6990     0.02     0.03     0.02     0.02     0.03     0
## UGDS_NRA      11 6990     0.02     0.05     0.00     0.01     0.00     0
## UGDS_UNKN     12 6990     0.05     0.09     0.01     0.02     0.02     0
## PPTUG_EF      13 6969     0.23     0.25     0.15     0.19     0.22     0
## NPT4_PUB      14 1911  9624.66  4669.67  8751.00  9341.96  4293.61 -2434
## NPT4_PRIV     15 4688 18230.18  7272.13 18254.50 18021.04  7034.94  -581
## COSTT4_A      16 4030 24853.36 12762.63 22881.50 23321.23 12766.67  4610
## TUITFTE       17 7270 10401.08 17375.87  9015.00  9227.39  6676.15     0
## INEXPFTE      18 7270  7360.21 12726.34  5490.00  5875.23  3399.60     0
## PFTFAC        19 4045     0.57     0.31     0.54     0.57     0.40     0
## PCTPELL       20 6966     0.53     0.23     0.52     0.53     0.26     0
## C150_4        21 2481     0.48     0.21     0.47     0.47     0.22     0
## PFTFTUG1_EF   22 3664     0.53     0.26     0.53     0.53     0.31     0
## RET_FT4       23 2293     0.71     0.20     0.74     0.73     0.15     0
## PCTFLOAN      24 6966     0.52     0.28     0.58     0.54     0.28     0
##                    max      range  skew kurtosis     se
## ADM_RATE          1.00       1.00 -0.58    -0.04   0.00
## SAT_AVG        1545.00     825.00  0.82     1.11   3.69
## UGDS         151558.00  151558.00  6.84   104.77  65.05
## UGDS_WHITE        1.00       1.00 -0.26    -1.08   0.00
## UGDS_BLACK        1.00       1.00  1.73     2.49   0.00
## UGDS_HISP         1.00       1.00  2.24     4.83   0.00
## UGDS_ASIAN        0.97       0.97  6.38    55.98   0.00
## UGDS_AIAN         1.00       1.00 11.16   136.65   0.00
## UGDS_NHPI         1.00       1.00 22.92   608.03   0.00
## UGDS_2MOR         0.53       0.53  4.11    36.08   0.00
## UGDS_NRA          0.93       0.93  8.29   101.58   0.00
## UGDS_UNKN         0.90       0.90  4.37    23.94   0.00
## PPTUG_EF          1.00       1.00  1.02     0.22   0.00
## NPT4_PUB      28201.00   30635.00  0.61     0.10 106.82
## NPT4_PRIV     89406.00   89987.00  0.73     3.89 106.21
## COSTT4_A      79212.00   74602.00  0.97     0.47 201.04
## TUITFTE     1292154.00 1292154.00 55.94  4076.80 203.79
## INEXPFTE     735077.00  735077.00 31.03  1570.11 149.26
## PFTFAC            1.00       1.00  0.06    -1.30   0.00
## PCTPELL           1.00       1.00  0.00    -0.79   0.00
## C150_4            1.00       1.00  0.13    -0.38   0.00
## PFTFTUG1_EF       1.00       1.00 -0.06    -0.99   0.00
## RET_FT4           1.00       1.00 -1.26     2.31   0.00
## PCTFLOAN          1.00       1.00 -0.53    -0.81   0.00

Question 2 - Pick any 4 variables and display their relations through Scatterplots

Our relations would suggest a moderate negative relation between ADM_RATE and SAT_AVG, moderate negative relation between ADM_RATE and COST, and a minor negative correlation between ADM_RATE and Tuition. We find a strong positive correlation between SAT_AVG and COST and a strong positive correlation between SAT_AVG and Tuition. Our strongest correlation is a positive correlation between COST and TUITFTE.

our4variables<- subset(quantvariables, select=c(ADM_RATE, SAT_AVG, COSTT4_A, TUITFTE))
pairs.panels(our4variables,
             method = "pearson",
             lm = TRUE)

Question 3 Full Covariance and Correlation Matrices

The variable for SAT avg is appears to be strongly related with many of the other variables, reaching correlation coefficients of -0.7 and 0.8 at times. A variety of the demographic variables seem to be the least related to other variables (except for White, Black, and Hispanic).

corrplot(cor(quantvariables, use = "pairwise.complete.obs"), method = "square", type="upper", order="original", tl.col="black", tl.srt=45, tl.cex = .5, addCoef.col = TRUE, number.cex = .4)

cov(quantvariables, use = "pairwise.complete.obs")
##                  ADM_RATE       SAT_AVG          UGDS    UGDS_WHITE
## ADM_RATE     4.365108e-02 -9.152082e+00 -1.681531e+02  5.891843e-03
## SAT_AVG     -9.152082e+00  1.778408e+04  2.437918e+05  6.366863e+00
## UGDS        -1.681531e+02  2.437918e+05  2.958107e+07  6.762645e+00
## UGDS_WHITE   5.891843e-03  6.366863e+00  6.762645e+00  8.255418e-02
## UGDS_BLACK  -1.159646e-03 -1.162703e+01 -1.190528e+02 -3.279614e-02
## UGDS_HISP    7.547608e-04 -3.110483e-01  3.636321e+01 -3.544616e-02
## UGDS_ASIAN  -2.837813e-03  3.711274e+00  5.237768e+01 -4.642505e-03
## UGDS_AIAN    3.201771e-04 -3.600650e-01 -1.431268e+01 -1.798072e-03
## UGDS_NHPI    2.497858e-04 -7.126132e-02 -2.659666e+00 -8.763112e-04
## UGDS_2MOR   -3.800944e-04  7.298147e-01  1.713435e+01 -2.126852e-04
## UGDS_NRA    -2.637014e-03  2.263840e+00  3.074179e+01 -9.716440e-04
## UGDS_UNKN   -2.024596e-04 -7.023401e-01 -5.019408e+00 -5.300157e-03
## PPTUG_EF     2.788057e-03 -5.866310e+00  2.170634e+02 -1.857259e-03
## NPT4_PUB     2.228791e+01  1.546401e+05  5.346029e+06  2.601627e+02
## NPT4_PRIV   -1.626399e+02  3.143747e+05  3.119630e+06  8.120708e+01
## COSTT4_A    -7.465148e+02  9.251042e+05 -1.364721e+07  2.951488e+02
## TUITFTE     -2.154816e+02  4.676810e+05 -4.938153e+06 -5.386015e+01
## INEXPFTE    -6.692570e+02  7.350076e+05  2.801231e+06  2.287237e+02
## PFTFAC      -1.018346e-02  5.287238e+00  9.463431e+01  1.426599e-02
## PCTPELL      1.032733e-02 -1.375176e+01 -3.193147e+02 -2.280271e-02
## C150_4      -1.229116e-02  1.862141e+01  2.129771e+02  1.337822e-02
## PFTFTUG1_EF -2.831299e-03  1.049133e+01 -1.132397e+02  5.217475e-03
## RET_FT4     -6.093242e-03  1.115780e+01  2.366524e+02  1.138734e-02
## PCTFLOAN     4.891957e-03 -1.155212e+01 -2.813073e+02  8.903602e-04
##                UGDS_BLACK     UGDS_HISP    UGDS_ASIAN     UGDS_AIAN
## ADM_RATE    -1.159646e-03  7.547608e-04 -2.837813e-03  3.201771e-04
## SAT_AVG     -1.162703e+01 -3.110483e-01  3.711274e+00 -3.600650e-01
## UGDS        -1.190528e+02  3.636321e+01  5.237768e+01 -1.431268e+01
## UGDS_WHITE  -3.279614e-02 -3.544616e-02 -4.642505e-03 -1.798072e-03
## UGDS_BLACK   5.049219e-02 -1.025673e-02 -2.185419e-03 -1.476804e-03
## UGDS_HISP   -1.025673e-02  4.955006e-02  5.524350e-04 -9.225330e-04
## UGDS_ASIAN  -2.185419e-03  5.524350e-04  5.654128e-03 -2.552887e-04
## UGDS_AIAN   -1.476804e-03 -9.225330e-04 -2.552887e-04  4.851592e-03
## UGDS_NHPI   -3.723387e-04 -1.164985e-04  2.582712e-04 -1.226498e-05
## UGDS_2MOR   -6.786910e-04 -6.156348e-04  2.505822e-04 -3.743798e-05
## UGDS_NRA    -1.361128e-03 -6.364885e-04  6.094753e-04 -1.180458e-04
## UGDS_UNKN   -1.174675e-03 -1.946117e-03 -2.078060e-04 -2.174059e-04
## PPTUG_EF     1.450254e-03 -3.621910e-04  7.184478e-04  7.024979e-04
## NPT4_PUB    -2.465739e+01 -2.043260e+02  7.956598e+00 -5.032745e+01
## NPT4_PRIV   -4.845459e+01 -3.223476e+02  4.436821e+01 -1.953968e+01
## COSTT4_A    -1.890390e+02 -4.658808e+02  1.161101e+02 -1.202998e+02
## TUITFTE      5.525877e+01 -1.782413e+02  3.339505e+01 -5.397685e+01
## INEXPFTE    -1.779024e+02 -2.108016e+02  5.956125e+01  8.012348e+00
## PFTFAC      -8.998135e-03 -6.329072e-03 -3.399748e-04  1.005123e-03
## PCTPELL      1.799104e-02  1.037559e-02 -2.565856e-03  1.867542e-04
## C150_4      -1.375469e-02 -2.437542e-03  3.741012e-03 -1.613990e-03
## PFTFTUG1_EF -3.383117e-03 -1.987702e-03 -3.710226e-04 -4.316542e-04
## RET_FT4     -1.226377e-02 -7.882165e-04  2.978017e-03 -8.138075e-04
## PCTFLOAN     1.366736e-02 -1.118120e-02 -3.315926e-03 -2.840080e-03
##                 UGDS_NHPI     UGDS_2MOR      UGDS_NRA     UGDS_UNKN
## ADM_RATE     2.497858e-04 -3.800944e-04 -2.637014e-03 -2.024596e-04
## SAT_AVG     -7.126132e-02  7.298147e-01  2.263840e+00 -7.023401e-01
## UGDS        -2.659666e+00  1.713435e+01  3.074179e+01 -5.019408e+00
## UGDS_WHITE  -8.763112e-04 -2.126852e-04 -9.716440e-04 -5.300157e-03
## UGDS_BLACK  -3.723387e-04 -6.786910e-04 -1.361128e-03 -1.174675e-03
## UGDS_HISP   -1.164985e-04 -6.156348e-04 -6.364885e-04 -1.946117e-03
## UGDS_ASIAN   2.582712e-04  2.505822e-04  6.094753e-04 -2.078060e-04
## UGDS_AIAN   -1.226498e-05 -3.743798e-05 -1.180458e-04 -2.174059e-04
## UGDS_NHPI    1.080576e-03  6.748210e-05 -1.042071e-05 -1.391733e-05
## UGDS_2MOR    6.748210e-05  9.724945e-04  4.673154e-05  2.310853e-04
## UGDS_NRA    -1.042071e-05  4.673154e-05  2.492304e-03 -3.470947e-05
## UGDS_UNKN   -1.391733e-05  2.310853e-04 -3.470947e-05  8.708988e-03
## PPTUG_EF     9.356161e-05  2.083970e-04 -9.876967e-04  3.399619e-05
## NPT4_PUB    -1.792213e+01  5.157079e+00  2.182463e+01  2.137406e+00
## NPT4_PRIV   -8.932016e-02  4.382842e+01  9.224635e+01  1.279576e+02
## COSTT4_A    -2.589760e+01  3.858757e+01  2.133744e+02  1.334981e+02
## TUITFTE     -2.347438e+00  2.416997e+01  7.408646e+01  9.782208e+01
## INEXPFTE    -5.790654e-01  1.921055e+01  7.398386e+01 -9.153065e-01
## PFTFAC      -1.511376e-05  1.831850e-04  1.925859e-03 -1.779038e-03
## PCTPELL      2.954484e-04 -7.441574e-04 -3.139439e-03  4.440981e-04
## C150_4      -5.271869e-05  6.519264e-04  2.900199e-03 -2.949484e-03
## PFTFTUG1_EF -3.650252e-05 -5.498730e-05  2.314861e-03 -1.267634e-03
## RET_FT4     -1.330618e-04  4.767810e-04  2.665523e-03 -3.509056e-03
## PCTFLOAN    -4.383001e-04  4.538808e-04 -1.369073e-03  4.274429e-03
##                  PPTUG_EF      NPT4_PUB     NPT4_PRIV      COSTT4_A
## ADM_RATE     2.788057e-03  2.228791e+01 -1.626399e+02 -7.465148e+02
## SAT_AVG     -5.866310e+00  1.546401e+05  3.143747e+05  9.251042e+05
## UGDS         2.170634e+02  5.346029e+06  3.119630e+06 -1.364721e+07
## UGDS_WHITE  -1.857259e-03  2.601627e+02  8.120708e+01  2.951488e+02
## UGDS_BLACK   1.450254e-03 -2.465739e+01 -4.845459e+01 -1.890390e+02
## UGDS_HISP   -3.621910e-04 -2.043260e+02 -3.223476e+02 -4.658808e+02
## UGDS_ASIAN   7.184478e-04  7.956598e+00  4.436821e+01  1.161101e+02
## UGDS_AIAN    7.024979e-04 -5.032745e+01 -1.953968e+01 -1.202998e+02
## UGDS_NHPI    9.356161e-05 -1.792213e+01 -8.932016e-02 -2.589760e+01
## UGDS_2MOR    2.083970e-04  5.157079e+00  4.382842e+01  3.858757e+01
## UGDS_NRA    -9.876967e-04  2.182463e+01  9.224635e+01  2.133744e+02
## UGDS_UNKN    3.399619e-05  2.137406e+00  1.279576e+02  1.334981e+02
## PPTUG_EF     6.070846e-02 -4.947463e+02 -3.315144e+01 -1.464035e+03
## NPT4_PUB    -4.947463e+02  2.180583e+07            NA  2.042028e+07
## NPT4_PRIV   -3.315144e+01            NA  5.288381e+07  6.025956e+07
## COSTT4_A    -1.464035e+03  2.042028e+07  6.025956e+07  1.628847e+08
## TUITFTE     -2.149797e+02  1.121518e+07  2.901148e+07  7.589102e+07
## INEXPFTE    -7.992215e+01  6.239927e+06  1.265891e+07  3.807836e+07
## PFTFAC      -1.754014e-02  2.924302e+02 -6.924581e+01  4.986624e+02
## PCTPELL     -7.358276e-03 -8.278810e+01 -4.995591e+02 -6.864275e+02
## C150_4      -1.715897e-02  4.508953e+02  5.209488e+02  1.501587e+03
## PFTFTUG1_EF -4.279065e-02  3.593479e+02  2.369126e+02  1.522746e+03
## RET_FT4     -1.376131e-02  1.611303e+02  2.937806e+02  8.095945e+02
## PCTFLOAN    -1.607461e-02  7.296435e+02  5.258666e+02  1.551442e+03
##                   TUITFTE      INEXPFTE        PFTFAC       PCTPELL
## ADM_RATE    -2.154816e+02 -6.692570e+02 -1.018346e-02  1.032733e-02
## SAT_AVG      4.676810e+05  7.350076e+05  5.287238e+00 -1.375176e+01
## UGDS        -4.938153e+06  2.801231e+06  9.463431e+01 -3.193147e+02
## UGDS_WHITE  -5.386015e+01  2.287237e+02  1.426599e-02 -2.280271e-02
## UGDS_BLACK   5.525877e+01 -1.779024e+02 -8.998135e-03  1.799104e-02
## UGDS_HISP   -1.782413e+02 -2.108016e+02 -6.329072e-03  1.037559e-02
## UGDS_ASIAN   3.339505e+01  5.956125e+01 -3.399748e-04 -2.565856e-03
## UGDS_AIAN   -5.397685e+01  8.012348e+00  1.005123e-03  1.867542e-04
## UGDS_NHPI   -2.347438e+00 -5.790654e-01 -1.511376e-05  2.954484e-04
## UGDS_2MOR    2.416997e+01  1.921055e+01  1.831850e-04 -7.441574e-04
## UGDS_NRA     7.408646e+01  7.398386e+01  1.925859e-03 -3.139439e-03
## UGDS_UNKN    9.782208e+01 -9.153065e-01 -1.779038e-03  4.440981e-04
## PPTUG_EF    -2.149797e+02 -7.992215e+01 -1.754014e-02 -7.358276e-03
## NPT4_PUB     1.121518e+07  6.239927e+06  2.924302e+02 -8.278810e+01
## NPT4_PRIV    2.901148e+07  1.265891e+07 -6.924581e+01 -4.995591e+02
## COSTT4_A     7.589102e+07  3.807836e+07  4.986624e+02 -6.864275e+02
## TUITFTE      3.019208e+08  1.614892e+08  2.028547e+02 -2.086541e+02
## INEXPFTE     1.614892e+08  1.619598e+08  7.321315e+02 -5.666061e+02
## PFTFAC       2.028547e+02  7.321315e+02  9.379814e-02 -1.725719e-02
## PCTPELL     -2.086541e+02 -5.666061e+02 -1.725719e-02  5.104940e-02
## C150_4       5.559162e+02  7.636612e+02  1.863125e-02 -2.292341e-02
## PFTFTUG1_EF  7.464979e+02  4.506753e+02  1.708395e-02 -1.498526e-03
## RET_FT4      2.666704e+02  5.309794e+02  1.593969e-02 -1.823553e-02
## PCTFLOAN     6.643038e+02 -1.785005e+02 -3.634241e-03  2.686950e-02
##                    C150_4   PFTFTUG1_EF       RET_FT4      PCTFLOAN
## ADM_RATE    -1.229116e-02 -2.831299e-03 -6.093242e-03  4.891957e-03
## SAT_AVG      1.862141e+01  1.049133e+01  1.115780e+01 -1.155212e+01
## UGDS         2.129771e+02 -1.132397e+02  2.366524e+02 -2.813073e+02
## UGDS_WHITE   1.337822e-02  5.217475e-03  1.138734e-02  8.903602e-04
## UGDS_BLACK  -1.375469e-02 -3.383117e-03 -1.226377e-02  1.366736e-02
## UGDS_HISP   -2.437542e-03 -1.987702e-03 -7.882165e-04 -1.118120e-02
## UGDS_ASIAN   3.741012e-03 -3.710226e-04  2.978017e-03 -3.315926e-03
## UGDS_AIAN   -1.613990e-03 -4.316542e-04 -8.138075e-04 -2.840080e-03
## UGDS_NHPI   -5.271869e-05 -3.650252e-05 -1.330618e-04 -4.383001e-04
## UGDS_2MOR    6.519264e-04 -5.498730e-05  4.767810e-04  4.538808e-04
## UGDS_NRA     2.900199e-03  2.314861e-03  2.665523e-03 -1.369073e-03
## UGDS_UNKN   -2.949484e-03 -1.267634e-03 -3.509056e-03  4.274429e-03
## PPTUG_EF    -1.715897e-02 -4.279065e-02 -1.376131e-02 -1.607461e-02
## NPT4_PUB     4.508953e+02  3.593479e+02  1.611303e+02  7.296435e+02
## NPT4_PRIV    5.209488e+02  2.369126e+02  2.937806e+02  5.258666e+02
## COSTT4_A     1.501587e+03  1.522746e+03  8.095945e+02  1.551442e+03
## TUITFTE      5.559162e+02  7.464979e+02  2.666704e+02  6.643038e+02
## INEXPFTE     7.636612e+02  4.506753e+02  5.309794e+02 -1.785005e+02
## PFTFAC       1.863125e-02  1.708395e-02  1.593969e-02 -3.634241e-03
## PCTPELL     -2.292341e-02 -1.498526e-03 -1.823553e-02  2.686950e-02
## C150_4       4.570058e-02  2.178981e-02  2.320601e-02 -4.459163e-03
## PFTFTUG1_EF  2.178981e-02  6.611554e-02  1.861752e-02  1.560087e-02
## RET_FT4      2.320601e-02  1.861752e-02  3.827693e-02 -1.095776e-02
## PCTFLOAN    -4.459163e-03  1.560087e-02 -1.095776e-02  8.070627e-02

Question 4 Strongest/ Weakest Relations

The strongest relation exists between NPT4_PUB & COSTT4_A at 0.92. Multiple variable combinations exist that demonstrate weak or no correlations, particularly for certain combinations of the demographic variables (i.e., AIAN, NHPI). Other than that, most variables have at least one moderate correlation with another variable.

Question 5 Comparisons of Public, For Profit, Nonprofit Schools

I am going to begin by inserting the control variable back into our quantitative data set.

One of the biggest things we notice is that their are quite a few more For Profit schools represented in our total sample, compared to other schools, yet they only report 6 scores for SAT_AVG.

quantvariables$CONTROL<-Project2Data$CONTROL
public<-subset(quantvariables, CONTROL==1)
describe(public)
## Warning in FUN(newX[, i], ...): no non-missing arguments to min; returning
## Inf
## Warning in FUN(newX[, i], ...): no non-missing arguments to max; returning
## -Inf
##             vars    n     mean       sd   median  trimmed     mad      min
## ADM_RATE       1  636     0.69     0.18     0.71     0.70    0.19     0.16
## SAT_AVG        2  516  1038.56   111.64  1029.00  1032.59  102.30   774.00
## UGDS           3 1970  6032.04  7745.08  3211.50  4462.04 4077.89     5.00
## UGDS_WHITE     4 1970     0.59     0.26     0.64     0.61    0.25     0.00
## UGDS_BLACK     5 1970     0.14     0.18     0.08     0.10    0.09     0.00
## UGDS_HISP      6 1970     0.14     0.18     0.06     0.10    0.07     0.00
## UGDS_ASIAN     7 1970     0.03     0.06     0.01     0.02    0.02     0.00
## UGDS_AIAN      8 1970     0.03     0.11     0.00     0.01    0.00     0.00
## UGDS_NHPI      9 1970     0.01     0.05     0.00     0.00    0.00     0.00
## UGDS_2MOR     10 1970     0.03     0.03     0.02     0.02    0.02     0.00
## UGDS_NRA      11 1970     0.01     0.02     0.00     0.01    0.01     0.00
## UGDS_UNKN     12 1970     0.03     0.04     0.01     0.02    0.02     0.00
## PPTUG_EF      13 1970     0.35     0.24     0.35     0.35    0.31     0.00
## NPT4_PUB      14 1911  9624.66  4669.67  8751.00  9341.96 4293.61 -2434.00
## NPT4_PRIV     15    0      NaN       NA       NA      NaN      NA      Inf
## COSTT4_A      16 1619 14922.46  4956.71 13646.00 14485.10 4318.81  4610.00
## TUITFTE       17 1984  4505.03  5395.95  3119.50  3726.21 2775.43     9.00
## INEXPFTE      18 1984  8340.32 11578.61  6332.50  6743.12 2484.10     0.00
## PFTFAC        19 1627     0.60     0.28     0.57     0.60    0.37     0.00
## PCTPELL       20 1968     0.42     0.17     0.40     0.41    0.16     0.00
## C150_4        21  668     0.46     0.18     0.44     0.45    0.18     0.04
## PFTFTUG1_EF   22 1597     0.45     0.20     0.43     0.44    0.23     0.02
## RET_FT4       23  624     0.74     0.12     0.75     0.75    0.11     0.00
## PCTFLOAN      24 1968     0.32     0.26     0.31     0.30    0.34     0.00
## CONTROL       25 2044     1.00     0.00     1.00     1.00    0.00     1.00
##                   max     range  skew kurtosis     se
## ADM_RATE         1.00      0.84 -0.44    -0.36   0.01
## SAT_AVG       1400.00    626.00  0.53     0.27   4.91
## UGDS         77657.00  77652.00  2.60    10.47 174.50
## UGDS_WHITE       1.00      1.00 -0.66    -0.44   0.01
## UGDS_BLACK       0.96      0.96  2.36     6.11   0.00
## UGDS_HISP        1.00      1.00  2.41     6.36   0.00
## UGDS_ASIAN       0.44      0.44  3.56    15.03   0.00
## UGDS_AIAN        1.00      1.00  7.12    53.41   0.00
## UGDS_NHPI        1.00      1.00 17.81   335.12   0.00
## UGDS_2MOR        0.43      0.43  5.46    51.55   0.00
## UGDS_NRA         0.29      0.29  3.53    19.80   0.00
## UGDS_UNKN        0.44      0.44  3.67    21.92   0.00
## PPTUG_EF         1.00      1.00  0.17    -1.08   0.01
## NPT4_PUB     28201.00  30635.00  0.61     0.10 106.82
## NPT4_PRIV        -Inf      -Inf    NA       NA     NA
## COSTT4_A     33826.00  29216.00  0.86     0.43 123.19
## TUITFTE     109761.00 109752.00  8.62   131.16 121.14
## INEXPFTE    357489.00 357489.00 16.72   435.66 259.95
## PFTFAC           1.00      1.00  0.14    -1.35   0.01
## PCTPELL          1.00      1.00  0.57     0.40   0.00
## C150_4           0.94      0.90  0.24    -0.35   0.01
## PFTFTUG1_EF      1.00      0.98  0.24    -0.77   0.01
## RET_FT4          1.00      1.00 -0.79     2.74   0.00
## PCTFLOAN         1.00      1.00  0.33    -0.91   0.01
## CONTROL          1.00      0.00   NaN      NaN   0.00
nonprofit<-subset(quantvariables, CONTROL==2)
describe(nonprofit)
## Warning in FUN(newX[, i], ...): no non-missing arguments to min; returning
## Inf

## Warning in FUN(newX[, i], ...): no non-missing arguments to max; returning
## -Inf
##             vars    n     mean       sd   median  trimmed      mad  min
## ADM_RATE       1 1177     0.65     0.21     0.67     0.66     0.20    0
## SAT_AVG        2  782  1073.09   144.36  1049.00  1060.34   109.71  720
## UGDS           3 1636  1694.12  3054.70   930.50  1133.83  1146.79    0
## UGDS_WHITE     4 1636     0.57     0.28     0.64     0.60     0.25    0
## UGDS_BLACK     5 1636     0.14     0.20     0.06     0.09     0.07    0
## UGDS_HISP      6 1636     0.12     0.21     0.06     0.07     0.06    0
## UGDS_ASIAN     7 1636     0.04     0.07     0.02     0.02     0.02    0
## UGDS_AIAN      8 1636     0.01     0.07     0.00     0.00     0.00    0
## UGDS_NHPI      9 1636     0.00     0.03     0.00     0.00     0.00    0
## UGDS_2MOR     10 1636     0.02     0.03     0.02     0.02     0.03    0
## UGDS_NRA      11 1636     0.04     0.08     0.01     0.02     0.02    0
## UGDS_UNKN     12 1636     0.05     0.07     0.02     0.03     0.03    0
## PPTUG_EF      13 1623     0.15     0.22     0.06     0.10     0.09    0
## NPT4_PUB      14    0      NaN       NA       NA      NaN       NA  Inf
## NPT4_PRIV     15 1477 20266.36  7663.64 20045.00 20210.20  6932.64 1881
## COSTT4_A      16 1396 35607.98 13581.30 35299.00 35346.38 14768.18 6428
## TUITFTE       17 1872 15178.31 30872.95 13017.50 13641.76  6831.08    0
## INEXPFTE      18 1872 11332.52 20326.59  8285.00  9015.70  4754.70    0
## PFTFAC        19 1521     0.66     0.29     0.67     0.68     0.41    0
## PCTPELL       20 1623     0.42     0.21     0.40     0.41     0.20    0
## C150_4        21 1274     0.54     0.21     0.54     0.54     0.21    0
## PFTFTUG1_EF   22 1321     0.63     0.25     0.68     0.65     0.26    0
## RET_FT4       23 1272     0.74     0.17     0.76     0.75     0.14    0
## PCTFLOAN      24 1623     0.56     0.26     0.63     0.59     0.20    0
## CONTROL       25 1956     2.00     0.00     2.00     2.00     0.00    2
##                    max      range  skew kurtosis     se
## ADM_RATE          1.00       1.00 -0.48    -0.02   0.01
## SAT_AVG        1545.00     825.00  0.81     0.88   5.16
## UGDS          49340.00   49340.00  7.37    83.70  75.52
## UGDS_WHITE        1.00       1.00 -0.67    -0.47   0.01
## UGDS_BLACK        1.00       1.00  2.63     6.78   0.01
## UGDS_HISP         1.00       1.00  3.22    10.19   0.01
## UGDS_ASIAN        0.95       0.95  5.22    42.56   0.00
## UGDS_AIAN         0.95       0.95 11.74   142.12   0.00
## UGDS_NHPI         0.95       0.95 29.87  1036.52   0.00
## UGDS_2MOR         0.53       0.53  5.22    73.88   0.00
## UGDS_NRA          0.93       0.93  5.20    40.78   0.00
## UGDS_UNKN         0.71       0.71  3.60    20.53   0.00
## PPTUG_EF          1.00       1.00  2.06     4.06   0.01
## NPT4_PUB          -Inf       -Inf    NA       NA     NA
## NPT4_PRIV     46509.00   44628.00  0.15     0.15 199.41
## COSTT4_A      64988.00   58560.00  0.12    -0.78 363.50
## TUITFTE     1292154.00 1292154.00 37.87  1560.77 713.55
## INEXPFTE     735077.00  735077.00 25.19   861.92 469.80
## PFTFAC            1.00       1.00 -0.34    -1.11   0.01
## PCTPELL           1.00       1.00  0.52    -0.23   0.01
## C150_4            1.00       1.00 -0.17    -0.26   0.01
## PFTFTUG1_EF       1.00       1.00 -0.62    -0.45   0.01
## RET_FT4           1.00       1.00 -1.30     3.21   0.00
## PCTFLOAN          1.00       1.00 -0.90    -0.07   0.01
## CONTROL           2.00       0.00   NaN      NaN   0.00
forprofit<-subset(quantvariables, CONTROL==3)
describe(forprofit)
## Warning in FUN(newX[, i], ...): no non-missing arguments to min; returning
## Inf

## Warning in FUN(newX[, i], ...): no non-missing arguments to max; returning
## -Inf
##             vars    n     mean      sd   median  trimmed     mad    min
## ADM_RATE       1  385     0.83    0.17     0.88     0.86    0.15    0.1
## SAT_AVG        2    6   995.67  129.57   971.50   995.67  103.04  855.0
## UGDS           3 3384   486.73 3180.20   161.00   219.51  166.05    0.0
## UGDS_WHITE     4 3384     0.43    0.29     0.42     0.43    0.36    0.0
## UGDS_BLACK     5 3384     0.24    0.25     0.16     0.20    0.19    0.0
## UGDS_HISP      6 3384     0.20    0.25     0.09     0.14    0.12    0.0
## UGDS_ASIAN     7 3384     0.03    0.09     0.01     0.01    0.02    0.0
## UGDS_AIAN      8 3384     0.01    0.02     0.00     0.00    0.00    0.0
## UGDS_NHPI      9 3384     0.00    0.02     0.00     0.00    0.00    0.0
## UGDS_2MOR     10 3384     0.02    0.03     0.01     0.02    0.02    0.0
## UGDS_NRA      11 3384     0.01    0.04     0.00     0.00    0.00    0.0
## UGDS_UNKN     12 3384     0.06    0.12     0.01     0.02    0.02    0.0
## PPTUG_EF      13 3376     0.19    0.24     0.08     0.14    0.11    0.0
## NPT4_PUB      14    0      NaN      NA       NA      NaN      NA    Inf
## NPT4_PRIV     15 3211 17293.57 6886.68 17346.00 17135.56 6763.62 -581.0
## COSTT4_A      16 1015 25902.30 6036.42 25962.00 25912.42 4213.55 8160.0
## TUITFTE       17 3414 11207.99 8380.16  9899.00 10430.98 4869.60    0.0
## INEXPFTE      18 3414  4612.49 4876.88  3701.00  4031.71 2258.00    0.0
## PFTFAC        19  897     0.35    0.28     0.26     0.31    0.22    0.0
## PCTPELL       20 3375     0.65    0.20     0.67     0.66    0.19    0.0
## C150_4        21  539     0.37    0.20     0.34     0.35    0.17    0.0
## PFTFTUG1_EF   22  746     0.52    0.31     0.53     0.52    0.40    0.0
## RET_FT4       23  397     0.54    0.28     0.52     0.55    0.26    0.0
## PCTFLOAN      24 3375     0.62    0.25     0.67     0.65    0.21    0.0
## CONTROL       25 3703     3.00    0.00     3.00     3.00    0.00    3.0
##                   max     range  skew kurtosis     se
## ADM_RATE         1.00      0.90 -1.48     2.41   0.01
## SAT_AVG       1211.00    356.00  0.48    -1.44  52.90
## UGDS        151558.00 151558.00 34.90  1540.42  54.67
## UGDS_WHITE       1.00      1.00  0.16    -1.14   0.00
## UGDS_BLACK       1.00      1.00  1.23     0.74   0.00
## UGDS_HISP        1.00      1.00  1.80     2.72   0.00
## UGDS_ASIAN       0.97      0.97  6.86    56.74   0.00
## UGDS_AIAN        0.40      0.40  7.45    82.40   0.00
## UGDS_NHPI        0.67      0.67 18.44   443.00   0.00
## UGDS_2MOR        0.44      0.44  3.21    20.21   0.00
## UGDS_NRA         0.87      0.87 13.05   209.30   0.00
## UGDS_UNKN        0.90      0.90  3.57    14.47   0.00
## PPTUG_EF         1.00      1.00  1.36     1.38   0.00
## NPT4_PUB         -Inf      -Inf    NA       NA     NA
## NPT4_PRIV    89406.00  89987.00  1.06     7.33 121.53
## COSTT4_A     79212.00  71052.00  0.71     7.16 189.47
## TUITFTE     248996.00 248996.00 10.05   229.30 143.42
## INEXPFTE    199372.00 199372.00 20.23   753.35  83.47
## PFTFAC           1.00      1.00  1.03     0.09   0.01
## PCTPELL          1.00      1.00 -0.69     0.39   0.00
## C150_4           1.00      1.00  0.75     0.75   0.01
## PFTFTUG1_EF      1.00      1.00 -0.12    -1.27   0.01
## RET_FT4          1.00      1.00 -0.11    -0.49   0.01
## PCTFLOAN         1.00      1.00 -1.02     0.52   0.00
## CONTROL          3.00      0.00   NaN      NaN   0.00

Question 6 Scatterplots for Different Institutions

The magnitude of ADM_RATE & SAT_AVG changes from our total data set, with a weaker correlation in public schools but stronger correlation for both private institutions. In general, this trend holds true, with our different variables reporting weaker correlations at public schools compared to their private counterparts. This is true for all except COST & TUITFTE, with a stronger correlation reported in public schools than in their private counterparts or the total sample.

our4variablespublic<- subset(public, select=c(ADM_RATE, SAT_AVG, COSTT4_A, TUITFTE))
pairs.panels(our4variablespublic,
             method = "pearson",
             lm = TRUE)

our4variablesnonprofit<- subset(nonprofit, select=c(ADM_RATE, SAT_AVG, COSTT4_A, TUITFTE))
pairs.panels(our4variablesnonprofit,
             method = "pearson",
             lm = TRUE)

our4variablesforprofit<- subset(forprofit, select=c(ADM_RATE, SAT_AVG, COSTT4_A, TUITFTE))
pairs.panels(our4variablesforprofit,
             method = "pearson",
             lm = TRUE)

Question 7 Correlation and Covariance Matrices of our 3 School Types

Within Public universities, the NPTF_Pub & COSTT variable are the strongest relation, similar to our original analysis and what we would expect considering the NPTF_PUB variable only applies to public universities. Interestingly, some demographic variables emerge as stronger correlations than in the total data set correlation matrix. Weak correlations still exist for some demographics (i.e., AIAN, NHPI).

Within Nonprofit universities, our strongest correlation becomes SAT_AVG & C150. Weak correlations emerge with the UGDS variable.

Within For Profit universities, we see many of the variables now become weakly correlated (and we should be suspect of any correlations with SATAVG because of the small n of observations)

corrplot(cor(public, use = "pairwise.complete.obs"), main = "Public", type="upper", order="original", tl.col="black", tl.srt=45, tl.cex = .5, addCoef.col = TRUE, number.cex = .4)
## Warning in cor(public, use = "pairwise.complete.obs"): the standard
## deviation is zero

cov(public, use = "pairwise.complete.obs")
##                  ADM_RATE       SAT_AVG          UGDS    UGDS_WHITE
## ADM_RATE     3.360117e-02 -3.868647e+00 -2.125850e+02  1.240260e-02
## SAT_AVG     -3.868647e+00  1.246351e+04  5.450683e+05  7.768440e+00
## UGDS        -2.125850e+02  5.450683e+05  5.998626e+07 -4.026432e+02
## UGDS_WHITE   1.240260e-02  7.768440e+00 -4.026432e+02  6.554591e-02
## UGDS_BLACK  -7.653838e-03 -1.128908e+01 -7.028814e+01 -2.081700e-02
## UGDS_HISP   -1.708462e-03 -5.753930e-02  3.051411e+02 -2.769155e-02
## UGDS_ASIAN  -3.384347e-03  2.972124e+00  1.640611e+02 -5.566508e-03
## UGDS_AIAN    7.446680e-04 -5.342317e-01 -1.074524e+02 -6.626126e-03
## UGDS_NHPI    6.792911e-04 -3.247896e-02 -1.215033e+01 -1.916665e-03
## UGDS_2MOR    2.595622e-04  3.434692e-01  3.082565e+01 -9.362987e-04
## UGDS_NRA    -4.671890e-04  1.260189e+00  7.681463e+01 -9.054697e-04
## UGDS_UNKN   -8.725182e-04 -4.301800e-01  1.569799e+01 -1.085878e-03
## PPTUG_EF     9.543694e-05 -4.229417e+00  8.946758e+01 -1.006654e-02
## NPT4_PUB     2.228791e+01  1.546401e+05  5.346029e+06  2.601627e+02
## NPT4_PRIV              NA            NA            NA            NA
## COSTT4_A    -1.032139e+02  2.261949e+05  1.114200e+07  1.699173e+02
## TUITFTE     -1.018153e+01  2.279867e+05  6.336576e+06  1.879837e+02
## INEXPFTE    -1.510772e+02  2.410387e+05 -1.806406e+06  5.803787e+01
## PFTFAC       1.630107e-03  2.444422e+00 -4.365770e+01  5.844623e-03
## PCTPELL     -5.362106e-04 -9.470237e+00 -2.844552e+02 -6.598399e-03
## C150_4      -5.241809e-03  1.425736e+01  7.574312e+02  1.182786e-02
## PFTFTUG1_EF  1.184064e-03  5.269431e+00  1.814096e+02  4.703051e-03
## RET_FT4     -4.300130e-03  7.840027e+00  4.918125e+02  4.100246e-04
## PCTFLOAN     1.566870e-03 -6.513858e+00  9.105230e+01  1.582585e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                UGDS_BLACK     UGDS_HISP    UGDS_ASIAN     UGDS_AIAN
## ADM_RATE    -7.653838e-03 -1.708462e-03 -3.384347e-03  7.446680e-04
## SAT_AVG     -1.128908e+01 -5.753930e-02  2.972124e+00 -5.342317e-01
## UGDS        -7.028814e+01  3.051411e+02  1.640611e+02 -1.074524e+02
## UGDS_WHITE  -2.081700e-02 -2.769155e-02 -5.566508e-03 -6.626126e-03
## UGDS_BLACK   3.093196e-02 -5.093818e-03 -1.004513e-03 -2.462275e-03
## UGDS_HISP   -5.093818e-03  3.269396e-02  2.241202e-03 -1.872419e-03
## UGDS_ASIAN  -1.004513e-03  2.241202e-03  3.378545e-03 -6.222649e-04
## UGDS_AIAN   -2.462275e-03 -1.872419e-03 -6.222649e-04  1.229328e-02
## UGDS_NHPI   -4.834959e-04 -2.986142e-04  3.475660e-04 -7.651158e-05
## UGDS_2MOR   -5.724160e-04 -7.591289e-05  6.569181e-04 -1.897741e-04
## UGDS_NRA    -3.026625e-04  1.092018e-04  4.981175e-04 -2.098941e-04
## UGDS_UNKN   -1.961427e-04 -1.232269e-05  7.089872e-05 -2.340234e-04
## PPTUG_EF    -3.448588e-04  8.220827e-03  9.672637e-04  6.569355e-04
## NPT4_PUB    -2.465739e+01 -2.043260e+02  7.956598e+00 -5.032745e+01
## NPT4_PRIV              NA            NA            NA            NA
## COSTT4_A    -3.620696e+01 -1.694033e+02  5.245991e+01 -5.323768e+01
## TUITFTE     -6.069906e+01 -1.354007e+02  2.646566e+01 -4.336759e+01
## INEXPFTE    -4.392371e+01 -8.083123e+01  5.022575e+01  1.726056e+01
## PFTFAC      -7.702821e-04 -6.623997e-03 -1.241610e-03  1.389657e-03
## PCTPELL      1.039038e-02 -1.385046e-03 -1.894008e-03  1.189288e-03
## C150_4      -1.046351e-02 -2.019975e-03  3.753202e-03 -3.535197e-03
## PFTFTUG1_EF -1.083308e-03 -3.213946e-03 -1.163898e-03  6.136038e-04
## RET_FT4     -5.770553e-03  2.552484e-03  3.028595e-03 -1.130038e-03
## PCTFLOAN     5.410460e-03 -1.450111e-02 -1.420587e-03 -5.309695e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                 UGDS_NHPI     UGDS_2MOR      UGDS_NRA     UGDS_UNKN
## ADM_RATE     6.792911e-04  2.595622e-04 -4.671890e-04 -8.725182e-04
## SAT_AVG     -3.247896e-02  3.434692e-01  1.260189e+00 -4.301800e-01
## UGDS        -1.215033e+01  3.082565e+01  7.681463e+01  1.569799e+01
## UGDS_WHITE  -1.916665e-03 -9.362987e-04 -9.054697e-04 -1.085878e-03
## UGDS_BLACK  -4.834959e-04 -5.724160e-04 -3.026625e-04 -1.961427e-04
## UGDS_HISP   -2.986142e-04 -7.591289e-05  1.092018e-04 -1.232269e-05
## UGDS_ASIAN   3.475660e-04  6.569181e-04  4.981175e-04  7.089872e-05
## UGDS_AIAN   -7.651158e-05 -1.897741e-04 -2.098941e-04 -2.340234e-04
## UGDS_NHPI    2.374568e-03  8.111316e-05  2.475399e-05 -5.262125e-05
## UGDS_2MOR    8.111316e-05  9.008865e-04  1.255937e-04  9.915596e-06
## UGDS_NRA     2.475399e-05  1.255937e-04  6.214688e-04  3.896061e-05
## UGDS_UNKN   -5.262125e-05  9.915596e-06  3.896061e-05  1.461287e-03
## PPTUG_EF     9.753696e-05  2.580145e-04 -1.120198e-03  1.331121e-03
## NPT4_PUB    -1.792213e+01  5.157079e+00  2.182463e+01  2.137406e+00
## NPT4_PRIV              NA            NA            NA            NA
## COSTT4_A    -2.352689e+01  1.339656e+01  4.396388e+01  2.642081e+00
## TUITFTE     -6.358758e+00  2.775516e+00  2.794397e+01  6.592411e-01
## INEXPFTE    -5.031347e+00 -3.977466e+00  1.624281e+01 -8.017755e+00
## PFTFAC       2.952458e-04  6.410420e-05  1.256147e-03 -2.140569e-04
## PCTPELL      9.818011e-04 -9.317130e-04 -7.846350e-04 -9.678444e-04
## C150_4      -7.818610e-04  2.391049e-04  1.634943e-03 -6.543867e-04
## PFTFTUG1_EF  7.842150e-04 -5.159151e-04  9.330706e-04 -1.056923e-03
## RET_FT4      2.091550e-04  6.617733e-05  9.719275e-04 -3.378427e-04
## PCTFLOAN    -9.334880e-04  4.543542e-06  7.577333e-04  1.666833e-04
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                  PPTUG_EF      NPT4_PUB NPT4_PRIV      COSTT4_A
## ADM_RATE     9.543694e-05  2.228791e+01        NA -1.032139e+02
## SAT_AVG     -4.229417e+00  1.546401e+05        NA  2.261949e+05
## UGDS         8.946758e+01  5.346029e+06        NA  1.114200e+07
## UGDS_WHITE  -1.006654e-02  2.601627e+02        NA  1.699173e+02
## UGDS_BLACK  -3.448588e-04 -2.465739e+01        NA -3.620696e+01
## UGDS_HISP    8.220827e-03 -2.043260e+02        NA -1.694033e+02
## UGDS_ASIAN   9.672637e-04  7.956598e+00        NA  5.245991e+01
## UGDS_AIAN    6.569355e-04 -5.032745e+01        NA -5.323768e+01
## UGDS_NHPI    9.753696e-05 -1.792213e+01        NA -2.352689e+01
## UGDS_2MOR    2.580145e-04  5.157079e+00        NA  1.339656e+01
## UGDS_NRA    -1.120198e-03  2.182463e+01        NA  4.396388e+01
## UGDS_UNKN    1.331121e-03  2.137406e+00        NA  2.642081e+00
## PPTUG_EF     5.591984e-02 -4.947463e+02        NA -6.629519e+02
## NPT4_PUB    -4.947463e+02  2.180583e+07        NA  2.042028e+07
## NPT4_PRIV              NA            NA        NA            NA
## COSTT4_A    -6.629519e+02  2.042028e+07        NA  2.456897e+07
## TUITFTE     -3.994381e+02  1.121518e+07        NA  1.348679e+07
## INEXPFTE    -4.640903e+02  6.239927e+06        NA  8.950068e+06
## PFTFAC      -2.557631e-02  2.924302e+02        NA  3.681358e+02
## PCTPELL     -7.516323e-03 -8.278810e+01        NA -1.531094e+02
## C150_4      -1.773768e-02  4.508953e+02        NA  5.956546e+02
## PFTFTUG1_EF -3.289604e-02  3.593479e+02        NA  4.447050e+02
## RET_FT4     -7.870056e-03  1.611303e+02        NA  2.552317e+02
## PCTFLOAN    -2.711538e-02  7.296435e+02        NA  7.172317e+02
## CONTROL      0.000000e+00  0.000000e+00        NA  0.000000e+00
##                   TUITFTE      INEXPFTE        PFTFAC       PCTPELL
## ADM_RATE    -1.018153e+01 -1.510772e+02  1.630107e-03 -5.362106e-04
## SAT_AVG      2.279867e+05  2.410387e+05  2.444422e+00 -9.470237e+00
## UGDS         6.336576e+06 -1.806406e+06 -4.365770e+01 -2.844552e+02
## UGDS_WHITE   1.879837e+02  5.803787e+01  5.844623e-03 -6.598399e-03
## UGDS_BLACK  -6.069906e+01 -4.392371e+01 -7.702821e-04  1.039038e-02
## UGDS_HISP   -1.354007e+02 -8.083123e+01 -6.623997e-03 -1.385046e-03
## UGDS_ASIAN   2.646566e+01  5.022575e+01 -1.241610e-03 -1.894008e-03
## UGDS_AIAN   -4.336759e+01  1.726056e+01  1.389657e-03  1.189288e-03
## UGDS_NHPI   -6.358758e+00 -5.031347e+00  2.952458e-04  9.818011e-04
## UGDS_2MOR    2.775516e+00 -3.977466e+00  6.410420e-05 -9.317130e-04
## UGDS_NRA     2.794397e+01  1.624281e+01  1.256147e-03 -7.846350e-04
## UGDS_UNKN    6.592411e-01 -8.017755e+00 -2.140569e-04 -9.678444e-04
## PPTUG_EF    -3.994381e+02 -4.640903e+02 -2.557631e-02 -7.516323e-03
## NPT4_PUB     1.121518e+07  6.239927e+06  2.924302e+02 -8.278810e+01
## NPT4_PRIV              NA            NA            NA            NA
## COSTT4_A     1.348679e+07  8.950068e+06  3.681358e+02 -1.531094e+02
## TUITFTE      2.911632e+07  2.504544e+07  2.977349e+02 -9.895271e+01
## INEXPFTE     2.504544e+07  1.340642e+08  3.706367e+02 -1.699340e+02
## PFTFAC       2.977349e+02  3.706367e+02  7.795924e-02 -9.690150e-05
## PCTPELL     -9.895271e+01 -1.699340e+02 -9.690150e-05  2.886076e-02
## C150_4       4.226993e+02  3.750481e+02  5.839147e-03 -1.389922e-02
## PFTFTUG1_EF  3.233810e+02  2.118222e+02  1.643322e-02  2.801677e-03
## RET_FT4      1.971872e+02  2.082404e+02  2.286057e-03 -6.631786e-03
## PCTFLOAN     4.816868e+02  3.850509e+02  1.963037e-02  1.051458e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                    C150_4   PFTFTUG1_EF       RET_FT4      PCTFLOAN
## ADM_RATE    -5.241809e-03  1.184064e-03 -4.300130e-03  1.566870e-03
## SAT_AVG      1.425736e+01  5.269431e+00  7.840027e+00 -6.513858e+00
## UGDS         7.574312e+02  1.814096e+02  4.918125e+02  9.105230e+01
## UGDS_WHITE   1.182786e-02  4.703051e-03  4.100246e-04  1.582585e-02
## UGDS_BLACK  -1.046351e-02 -1.083308e-03 -5.770553e-03  5.410460e-03
## UGDS_HISP   -2.019975e-03 -3.213946e-03  2.552484e-03 -1.450111e-02
## UGDS_ASIAN   3.753202e-03 -1.163898e-03  3.028595e-03 -1.420587e-03
## UGDS_AIAN   -3.535197e-03  6.136038e-04 -1.130038e-03 -5.309695e-03
## UGDS_NHPI   -7.818610e-04  7.842150e-04  2.091550e-04 -9.334880e-04
## UGDS_2MOR    2.391049e-04 -5.159151e-04  6.617733e-05  4.543542e-06
## UGDS_NRA     1.634943e-03  9.330706e-04  9.719275e-04  7.577333e-04
## UGDS_UNKN   -6.543867e-04 -1.056923e-03 -3.378427e-04  1.666833e-04
## PPTUG_EF    -1.773768e-02 -3.289604e-02 -7.870056e-03 -2.711538e-02
## NPT4_PUB     4.508953e+02  3.593479e+02  1.611303e+02  7.296435e+02
## NPT4_PRIV              NA            NA            NA            NA
## COSTT4_A     5.956546e+02  4.447050e+02  2.552317e+02  7.172317e+02
## TUITFTE      4.226993e+02  3.233810e+02  1.971872e+02  4.816868e+02
## INEXPFTE     3.750481e+02  2.118222e+02  2.082404e+02  3.850509e+02
## PFTFAC       5.839147e-03  1.643322e-02  2.286057e-03  1.963037e-02
## PCTPELL     -1.389922e-02  2.801677e-03 -6.631786e-03  1.051458e-02
## C150_4       3.231275e-02  1.513416e-02  1.640806e-02  4.159769e-03
## PFTFTUG1_EF  1.513416e-02  4.096281e-02  7.702755e-03  1.932124e-02
## RET_FT4      1.640806e-02  7.702755e-03  1.367290e-02 -2.793926e-03
## PCTFLOAN     4.159769e-03  1.932124e-02 -2.793926e-03  6.593408e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##             CONTROL
## ADM_RATE          0
## SAT_AVG           0
## UGDS              0
## UGDS_WHITE        0
## UGDS_BLACK        0
## UGDS_HISP         0
## UGDS_ASIAN        0
## UGDS_AIAN         0
## UGDS_NHPI         0
## UGDS_2MOR         0
## UGDS_NRA          0
## UGDS_UNKN         0
## PPTUG_EF          0
## NPT4_PUB          0
## NPT4_PRIV        NA
## COSTT4_A          0
## TUITFTE           0
## INEXPFTE          0
## PFTFAC            0
## PCTPELL           0
## C150_4            0
## PFTFTUG1_EF       0
## RET_FT4           0
## PCTFLOAN          0
## CONTROL           0
corrplot(cor(nonprofit, use = "pairwise.complete.obs"), main = "Nonprofit", type="upper", order="original", tl.col="black", tl.srt=45, tl.cex = .5, addCoef.col = TRUE, number.cex = .4)
## Warning in cor(nonprofit, use = "pairwise.complete.obs"): the standard
## deviation is zero

cov(nonprofit, use = "pairwise.complete.obs")
##                  ADM_RATE       SAT_AVG          UGDS    UGDS_WHITE
## ADM_RATE     4.536895e-02 -1.190873e+01 -1.107615e+02  1.274632e-02
## SAT_AVG     -1.190873e+01  2.083891e+04  1.557286e+05  5.106529e+00
## UGDS        -1.107615e+02  1.557286e+05  9.331219e+06 -2.059421e+01
## UGDS_WHITE   1.274632e-02  5.106529e+00 -2.059421e+01  7.755369e-02
## UGDS_BLACK  -3.006599e-03 -1.160736e+01 -4.018257e+01 -2.965038e-02
## UGDS_HISP   -2.319609e-03 -1.266250e-01  1.142529e+01 -3.265294e-02
## UGDS_ASIAN  -3.135088e-03  4.317976e+00  2.103326e+01 -4.098247e-03
## UGDS_AIAN   -8.715762e-05 -1.939833e-01 -9.410536e+00 -2.588628e-03
## UGDS_NHPI   -5.079462e-05 -1.009831e-01 -1.799093e+00 -5.698056e-04
## UGDS_2MOR   -9.704476e-04  1.023550e+00  9.216479e+00 -1.392742e-04
## UGDS_NRA    -2.937042e-03  2.752199e+00  1.593747e+01 -3.803603e-03
## UGDS_UNKN   -2.404558e-04 -1.171670e+00  1.954116e+01 -2.297023e-03
## PPTUG_EF     1.581536e-03 -6.234855e+00 -3.963589e+00 -6.997340e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV   -1.788793e+02  3.203899e+05  5.167513e+06  2.586921e+02
## COSTT4_A    -8.001455e+02  1.113885e+06  1.043862e+07  5.887293e+02
## TUITFTE     -4.044905e+02  5.173568e+05  3.227969e+06 -9.716158e+01
## INEXPFTE    -8.531035e+02  1.032820e+06  3.532012e+06  4.865996e+01
## PFTFAC      -3.387767e-03  7.623504e+00  2.394198e+01  7.097292e-03
## PCTPELL      5.326634e-03 -1.630479e+01 -1.228868e+02 -2.380767e-02
## C150_4      -1.325186e-02  2.046047e+01  1.312989e+02  9.853973e-03
## PFTFTUG1_EF -7.776027e-03  1.271935e+01  7.350802e+01  4.431194e-03
## RET_FT4     -5.604484e-03  1.333383e+01  9.572951e+01  7.280116e-03
## PCTFLOAN     2.975208e-03 -1.627136e+01 -1.627088e+01  1.903675e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                UGDS_BLACK     UGDS_HISP    UGDS_ASIAN     UGDS_AIAN
## ADM_RATE    -3.006599e-03 -2.319609e-03 -3.135088e-03 -8.715762e-05
## SAT_AVG     -1.160736e+01 -1.266250e-01  4.317976e+00 -1.939833e-01
## UGDS        -4.018257e+01  1.142529e+01  2.103326e+01 -9.410536e+00
## UGDS_WHITE  -2.965038e-02 -3.265294e-02 -4.098247e-03 -2.588628e-03
## UGDS_BLACK   4.140457e-02 -5.531855e-03 -1.783743e-03 -7.082901e-04
## UGDS_HISP   -5.531855e-03  4.294322e-02 -1.636133e-04 -6.828854e-04
## UGDS_ASIAN  -1.783743e-03 -1.636133e-04  4.632460e-03 -2.390501e-04
## UGDS_AIAN   -7.082901e-04 -6.828854e-04 -2.390501e-04  4.698595e-03
## UGDS_NHPI   -1.927936e-04 -4.221583e-05  1.194368e-04  2.420734e-06
## UGDS_2MOR   -5.953970e-04 -4.574627e-04  3.545936e-04 -9.824162e-05
## UGDS_NRA    -1.947165e-03 -1.252820e-03  1.301689e-03 -2.353237e-04
## UGDS_UNKN   -5.703675e-04 -1.778657e-03 -9.591836e-06 -1.154609e-04
## PPTUG_EF     6.105967e-03  2.029921e-03 -1.149184e-03  3.236805e-04
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV   -1.973060e+02 -4.058424e+02  1.125215e+02 -6.563269e+01
## COSTT4_A    -6.333163e+02 -6.044283e+02  2.663787e+02 -1.372005e+02
## TUITFTE      3.764037e+01 -2.030514e+02  9.646182e+01 -6.679439e+01
## INEXPFTE    -1.438109e+02 -2.028240e+02  1.735125e+02 -1.572635e+01
## PFTFAC      -1.420142e-03 -3.236248e-03 -4.979777e-04  1.543920e-04
## PCTPELL      1.714417e-02  1.453299e-02 -2.603472e-03  1.850532e-03
## C150_4      -1.221938e-02 -4.649648e-03  4.144713e-03 -1.140529e-03
## PFTFTUG1_EF -5.915548e-03 -6.838199e-04  1.388544e-03 -5.606137e-04
## RET_FT4     -9.843601e-03 -1.349271e-03  2.794559e-03 -1.143036e-03
## PCTFLOAN     1.392197e-02 -1.018841e-02 -2.502309e-03 -1.655861e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                 UGDS_NHPI     UGDS_2MOR      UGDS_NRA     UGDS_UNKN
## ADM_RATE    -5.079462e-05 -9.704476e-04 -2.937042e-03 -2.404558e-04
## SAT_AVG     -1.009831e-01  1.023550e+00  2.752199e+00 -1.171670e+00
## UGDS        -1.799093e+00  9.216479e+00  1.593747e+01  1.954116e+01
## UGDS_WHITE  -5.698056e-04 -1.392742e-04 -3.803603e-03 -2.297023e-03
## UGDS_BLACK  -1.927936e-04 -5.953970e-04 -1.947165e-03 -5.703675e-04
## UGDS_HISP   -4.221583e-05 -4.574627e-04 -1.252820e-03 -1.778657e-03
## UGDS_ASIAN   1.194368e-04  3.545936e-04  1.301689e-03 -9.591836e-06
## UGDS_AIAN    2.420734e-06 -9.824162e-05 -2.353237e-04 -1.154609e-04
## UGDS_NHPI    6.966427e-04  5.561508e-05 -3.241483e-05 -2.626496e-05
## UGDS_2MOR    5.561508e-05  7.657043e-04  1.630202e-04  2.178079e-05
## UGDS_NRA    -3.241483e-05  1.630202e-04  5.919008e-03  7.906814e-06
## UGDS_UNKN   -2.626496e-05  2.178079e-05  7.906814e-06  4.908971e-03
## PPTUG_EF     8.230183e-05 -4.914570e-04 -1.997066e-03  2.093184e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV   -3.867938e+00  6.443584e+01  1.272409e+02  1.112608e+02
## COSTT4_A    -2.207545e+01  1.342530e+02  2.602727e+02  1.501018e+02
## TUITFTE     -1.023563e+01  8.164403e+01  8.786793e+01  7.008077e+01
## INEXPFTE    -7.209269e+00  6.211886e+01  1.171903e+02 -2.900858e+01
## PFTFAC      -4.781543e-05 -8.385646e-05 -7.298864e-04 -1.491022e-03
## PCTPELL      3.678032e-04 -1.218142e-03 -4.989582e-03 -1.530720e-03
## C150_4       2.905697e-04  1.400528e-03  2.895213e-03 -7.973277e-04
## PFTFTUG1_EF -3.039270e-04  8.282901e-04  2.382618e-03 -1.567152e-03
## RET_FT4     -2.770611e-04  6.279306e-04  2.456673e-03 -5.466105e-04
## PCTFLOAN    -3.314764e-04  8.719972e-04 -3.886695e-03  2.487782e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                  PPTUG_EF NPT4_PUB     NPT4_PRIV      COSTT4_A
## ADM_RATE     1.581536e-03       NA -1.788793e+02 -8.001455e+02
## SAT_AVG     -6.234855e+00       NA  3.203899e+05  1.113885e+06
## UGDS        -3.963589e+00       NA  5.167513e+06  1.043862e+07
## UGDS_WHITE  -6.997340e-03       NA  2.586921e+02  5.887293e+02
## UGDS_BLACK   6.105967e-03       NA -1.973060e+02 -6.333163e+02
## UGDS_HISP    2.029921e-03       NA -4.058424e+02 -6.044283e+02
## UGDS_ASIAN  -1.149184e-03       NA  1.125215e+02  2.663787e+02
## UGDS_AIAN    3.236805e-04       NA -6.563269e+01 -1.372005e+02
## UGDS_NHPI    8.230183e-05       NA -3.867938e+00 -2.207545e+01
## UGDS_2MOR   -4.914570e-04       NA  6.443584e+01  1.342530e+02
## UGDS_NRA    -1.997066e-03       NA  1.272409e+02  2.602727e+02
## UGDS_UNKN    2.093184e-03       NA  1.112608e+02  1.501018e+02
## PPTUG_EF     4.632924e-02       NA -2.350124e+02 -9.195262e+02
## NPT4_PUB               NA       NA            NA            NA
## NPT4_PRIV   -2.350124e+02       NA  5.873135e+07  7.961180e+07
## COSTT4_A    -9.195262e+02       NA  7.961180e+07  1.844518e+08
## TUITFTE      5.113895e+02       NA  3.802106e+07  7.140962e+07
## INEXPFTE     7.483286e+01       NA  1.986666e+07  6.515278e+07
## PFTFAC      -9.203744e-03       NA -7.520620e+01  3.165501e+02
## PCTPELL      3.912476e-03       NA -8.397928e+02 -1.882063e+03
## C150_4      -1.208337e-02       NA  7.086510e+02  1.800918e+03
## PFTFTUG1_EF -3.038821e-02       NA  4.240169e+02  1.497041e+03
## RET_FT4     -7.911504e-03       NA  3.445869e+02  1.051291e+03
## PCTFLOAN     2.890825e-03       NA  5.262233e+02  4.206266e+02
## CONTROL      0.000000e+00       NA  0.000000e+00  0.000000e+00
##                   TUITFTE      INEXPFTE        PFTFAC       PCTPELL
## ADM_RATE    -4.044905e+02 -8.531035e+02 -3.387767e-03  5.326634e-03
## SAT_AVG      5.173568e+05  1.032820e+06  7.623504e+00 -1.630479e+01
## UGDS         3.227969e+06  3.532012e+06  2.394198e+01 -1.228868e+02
## UGDS_WHITE  -9.716158e+01  4.865996e+01  7.097292e-03 -2.380767e-02
## UGDS_BLACK   3.764037e+01 -1.438109e+02 -1.420142e-03  1.714417e-02
## UGDS_HISP   -2.030514e+02 -2.028240e+02 -3.236248e-03  1.453299e-02
## UGDS_ASIAN   9.646182e+01  1.735125e+02 -4.979777e-04 -2.603472e-03
## UGDS_AIAN   -6.679439e+01 -1.572635e+01  1.543920e-04  1.850532e-03
## UGDS_NHPI   -1.023563e+01 -7.209269e+00 -4.781543e-05  3.678032e-04
## UGDS_2MOR    8.164403e+01  6.211886e+01 -8.385646e-05 -1.218142e-03
## UGDS_NRA     8.786793e+01  1.171903e+02 -7.298864e-04 -4.989582e-03
## UGDS_UNKN    7.008077e+01 -2.900858e+01 -1.491022e-03 -1.530720e-03
## PPTUG_EF     5.113895e+02  7.483286e+01 -9.203744e-03  3.912476e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    3.802106e+07  1.986666e+07 -7.520620e+01 -8.397928e+02
## COSTT4_A     7.140962e+07  6.515278e+07  3.165501e+02 -1.882063e+03
## TUITFTE      9.531392e+08  5.429300e+08  2.949318e+02 -8.968566e+02
## INEXPFTE     5.429300e+08  4.131702e+08  5.895843e+02 -8.973091e+02
## PFTFAC       2.949318e+02  5.895843e+02  8.264291e-02 -7.665825e-03
## PCTPELL     -8.968566e+02 -8.973091e+02 -7.665825e-03  4.616285e-02
## C150_4       7.315198e+02  9.611969e+02  1.046738e-02 -2.442826e-02
## PFTFTUG1_EF  5.190187e+02  6.817941e+02  1.391281e-02 -1.257610e-02
## RET_FT4      4.255470e+02  5.632499e+02  6.734007e-03 -1.615475e-02
## PCTFLOAN    -2.434516e+02 -6.885527e+02 -4.350305e-03  9.849093e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                    C150_4   PFTFTUG1_EF       RET_FT4      PCTFLOAN
## ADM_RATE    -1.325186e-02 -7.776027e-03 -5.604484e-03  2.975208e-03
## SAT_AVG      2.046047e+01  1.271935e+01  1.333383e+01 -1.627136e+01
## UGDS         1.312989e+02  7.350802e+01  9.572951e+01 -1.627088e+01
## UGDS_WHITE   9.853973e-03  4.431194e-03  7.280116e-03  1.903675e-03
## UGDS_BLACK  -1.221938e-02 -5.915548e-03 -9.843601e-03  1.392197e-02
## UGDS_HISP   -4.649648e-03 -6.838199e-04 -1.349271e-03 -1.018841e-02
## UGDS_ASIAN   4.144713e-03  1.388544e-03  2.794559e-03 -2.502309e-03
## UGDS_AIAN   -1.140529e-03 -5.606137e-04 -1.143036e-03 -1.655861e-03
## UGDS_NHPI    2.905697e-04 -3.039270e-04 -2.770611e-04 -3.314764e-04
## UGDS_2MOR    1.400528e-03  8.282901e-04  6.279306e-04  8.719972e-04
## UGDS_NRA     2.895213e-03  2.382618e-03  2.456673e-03 -3.886695e-03
## UGDS_UNKN   -7.973277e-04 -1.567152e-03 -5.466105e-04  2.487782e-03
## PPTUG_EF    -1.208337e-02 -3.038821e-02 -7.911504e-03  2.890825e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    7.086510e+02  4.240169e+02  3.445869e+02  5.262233e+02
## COSTT4_A     1.800918e+03  1.497041e+03  1.051291e+03  4.206266e+02
## TUITFTE      7.315198e+02  5.190187e+02  4.255470e+02 -2.434516e+02
## INEXPFTE     9.611969e+02  6.817941e+02  5.632499e+02 -6.885527e+02
## PFTFAC       1.046738e-02  1.391281e-02  6.734007e-03 -4.350305e-03
## PCTPELL     -2.442826e-02 -1.257610e-02 -1.615475e-02  9.849093e-03
## C150_4       4.577030e-02  2.076359e-02  1.968018e-02 -5.069604e-03
## PFTFTUG1_EF  2.076359e-02  6.132454e-02  1.508620e-02 -4.878319e-03
## RET_FT4      1.968018e-02  1.508620e-02  2.820645e-02 -1.052766e-02
## PCTFLOAN    -5.069604e-03 -4.878319e-03 -1.052766e-02  6.508525e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##             CONTROL
## ADM_RATE          0
## SAT_AVG           0
## UGDS              0
## UGDS_WHITE        0
## UGDS_BLACK        0
## UGDS_HISP         0
## UGDS_ASIAN        0
## UGDS_AIAN         0
## UGDS_NHPI         0
## UGDS_2MOR         0
## UGDS_NRA          0
## UGDS_UNKN         0
## PPTUG_EF          0
## NPT4_PUB         NA
## NPT4_PRIV         0
## COSTT4_A          0
## TUITFTE           0
## INEXPFTE          0
## PFTFAC            0
## PCTPELL           0
## C150_4            0
## PFTFTUG1_EF       0
## RET_FT4           0
## PCTFLOAN          0
## CONTROL           0
corrplot(cor(forprofit, use = "pairwise.complete.obs"), main = "Forprofit", type="upper", order="original", tl.col="black", tl.srt=45, tl.ex = .5, addCoef.col = TRUE, number.cex = .4)
## Warning in cor(forprofit, use = "pairwise.complete.obs"): the standard
## deviation is zero
## Warning in text.default(PosNA[, 1], PosNA[, 2], font = number.font, col =
## na.label.col, : "tl.ex" is not a graphical parameter
## Warning in text.default(pos.xlabel[, 1], pos.xlabel[, 2], newcolnames, srt
## = tl.srt, : "tl.ex" is not a graphical parameter
## Warning in text.default(pos.ylabel[, 1], pos.ylabel[, 2], newrownames, col
## = tl.col, : "tl.ex" is not a graphical parameter
## Warning in title(title, ...): "tl.ex" is not a graphical parameter

cov(forprofit, use = "pairwise.complete.obs")
##                  ADM_RATE       SAT_AVG          UGDS    UGDS_WHITE
## ADM_RATE     3.018528e-02 -5.813080e+00 -4.787506e+01 -1.894686e-03
## SAT_AVG     -5.813080e+00  1.678867e+04 -1.404658e+05 -1.058373e+00
## UGDS        -4.787506e+01 -1.404658e+05  1.011364e+07 -3.493332e+01
## UGDS_WHITE  -1.894686e-03 -1.058373e+00 -3.493332e+01  8.337791e-02
## UGDS_BLACK  -5.916370e-04 -1.020131e+01  1.742072e-02 -3.344426e-02
## UGDS_HISP    2.906497e-03 -2.564013e+00  1.141777e+00 -3.631938e-02
## UGDS_ASIAN  -1.526879e-03  2.280160e+00 -2.534462e+00 -4.689344e-03
## UGDS_AIAN    2.675216e-04 -1.828133e-01 -1.088131e-01  4.826809e-04
## UGDS_NHPI    1.754811e-04 -5.924667e-02  4.945693e-01 -4.181693e-04
## UGDS_2MOR    3.023800e-04  1.649580e+00  5.106683e+00 -3.071243e-06
## UGDS_NRA    -4.605336e-04  7.616167e+00  1.872580e+00 -1.104809e-03
## UGDS_UNKN    8.215073e-04  2.514260e+00  2.923280e+01 -7.626129e-03
## PPTUG_EF    -3.562037e-03 -1.481329e+01  3.320511e+01 -1.022675e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV   -2.635406e+02  7.930320e+04  9.374831e+05 -1.240066e+02
## COSTT4_A    -2.823340e+02  1.013990e+05 -1.054564e+06  1.366213e+02
## TUITFTE     -5.482883e+01  3.643763e+05  3.612887e+05  2.582911e+01
## INEXPFTE    -7.029751e+01  3.671487e+05 -5.252836e+05  7.644524e+01
## PFTFAC      -3.889060e-03  1.503040e+01 -6.668619e+01  3.705677e-03
## PCTPELL      6.797696e-03 -8.236240e+00 -1.015440e+01 -1.429713e-02
## C150_4      -2.131956e-03  1.437395e+01 -1.009311e+02  2.664676e-03
## PFTFTUG1_EF  1.694741e-02  1.570487e+01 -1.321671e+02  3.386934e-03
## RET_FT4     -8.682872e-03  1.130607e+01 -1.158528e+02  8.031208e-03
## PCTFLOAN    -9.220602e-04 -7.846287e+00  3.295771e+00  7.311984e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                UGDS_BLACK     UGDS_HISP    UGDS_ASIAN     UGDS_AIAN
## ADM_RATE    -5.916370e-04  2.906497e-03 -1.526879e-03  2.675216e-04
## SAT_AVG     -1.020131e+01 -2.564013e+00  2.280160e+00 -1.828133e-01
## UGDS         1.742072e-02  1.141777e+00 -2.534462e+00 -1.088131e-01
## UGDS_WHITE  -3.344426e-02 -3.631938e-02 -4.689344e-03  4.826809e-04
## UGDS_BLACK   6.089201e-02 -1.902799e-02 -2.840582e-03 -7.049658e-04
## UGDS_HISP   -1.902799e-02  6.032735e-02  6.762256e-05 -1.546391e-04
## UGDS_ASIAN  -2.840582e-03  6.762256e-05  7.464686e-03 -6.426224e-05
## UGDS_AIAN   -7.049658e-04 -1.546391e-04 -6.426224e-05  4.743664e-04
## UGDS_NHPI   -4.023105e-04 -5.576631e-05  2.750342e-04  1.114916e-05
## UGDS_2MOR   -6.730626e-04 -9.452677e-04 -3.839737e-05  5.467154e-05
## UGDS_NRA    -6.023167e-04 -1.486824e-05  2.793003e-04 -2.517022e-05
## UGDS_UNKN   -3.052765e-03 -3.761066e-03 -4.353933e-04 -6.910826e-05
## PPTUG_EF     4.049642e-03 -4.541317e-03  1.412896e-03 -3.013514e-04
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    1.146384e+02 -2.180677e+02  6.730717e+00 -1.599170e+00
## COSTT4_A     1.071934e+02 -3.908326e+02  6.871751e+01  5.013602e+00
## TUITFTE      2.993496e+01 -2.307021e+02  4.957734e+00 -5.818548e-01
## INEXPFTE    -3.257419e+01 -1.296399e+02 -1.961725e+00 -2.256223e+00
## PFTFAC      -8.937824e-03  3.498506e-03 -1.258733e-06  4.505304e-04
## PCTPELL      1.086400e-02  7.576123e-03 -2.458619e-03  1.131439e-04
## C150_4      -9.138176e-03  8.380106e-03  2.282545e-03 -7.231991e-05
## PFTFTUG1_EF -1.067939e-03  3.722735e-03 -1.301617e-03  3.528656e-05
## RET_FT4     -1.197112e-02  3.612188e-03  1.901256e-03  8.727148e-05
## PCTFLOAN     8.454763e-03 -1.552422e-02 -4.525142e-03  7.705691e-05
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                 UGDS_NHPI     UGDS_2MOR      UGDS_NRA     UGDS_UNKN
## ADM_RATE     1.754811e-04  3.023800e-04 -4.605336e-04  8.215073e-04
## SAT_AVG     -5.924667e-02  1.649580e+00  7.616167e+00  2.514260e+00
## UGDS         4.945693e-01  5.106683e+00  1.872580e+00  2.923280e+01
## UGDS_WHITE  -4.181693e-04 -3.071243e-06 -1.104809e-03 -7.626129e-03
## UGDS_BLACK  -4.023105e-04 -6.730626e-04 -6.023167e-04 -3.052765e-03
## UGDS_HISP   -5.576631e-05 -9.452677e-04 -1.486824e-05 -3.761066e-03
## UGDS_ASIAN   2.750342e-04 -3.839737e-05  2.793003e-04 -4.353933e-04
## UGDS_AIAN    1.114916e-05  5.467154e-05 -2.517022e-05 -6.910826e-05
## UGDS_NHPI    5.126742e-04  6.369530e-05 -6.670523e-06  2.305510e-05
## UGDS_2MOR    6.369530e-05  1.109162e-03 -5.444729e-05  5.001657e-04
## UGDS_NRA    -6.670523e-06 -5.444729e-05  1.551995e-03 -1.969338e-05
## UGDS_UNKN    2.305510e-05  5.001657e-04 -1.969338e-05  1.447376e-02
## PPTUG_EF     2.529098e-06  2.556290e-04  8.796026e-05  5.664905e-05
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    2.583758e+00  3.388250e+01  4.199023e+01  1.438584e+02
## COSTT4_A    -5.355119e-02  1.402869e+01  5.864873e+01  6.722633e-01
## TUITFTE      8.882462e+00  2.083927e+01  4.763389e+01  9.350436e+01
## INEXPFTE     6.679664e+00  9.212449e+00  2.367812e+01  5.031074e+01
## PFTFAC      -1.125309e-04  2.065476e-04  1.134849e-03 -4.440726e-05
## PCTPELL     -1.515557e-04 -1.542680e-04 -1.215527e-03 -9.672852e-05
## C150_4       3.514270e-04 -2.985267e-04  2.738086e-04 -4.443238e-03
## PFTFTUG1_EF -8.173915e-04  1.067049e-04 -7.699709e-05 -3.988181e-03
## RET_FT4      2.451845e-04 -9.552644e-05  1.845032e-03 -3.655752e-03
## PCTFLOAN    -9.339149e-05  9.465330e-04 -9.316870e-04  4.371320e-03
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                  PPTUG_EF NPT4_PUB     NPT4_PRIV      COSTT4_A
## ADM_RATE    -3.562037e-03       NA -2.635406e+02 -2.823340e+02
## SAT_AVG     -1.481329e+01       NA  7.930320e+04  1.013990e+05
## UGDS         3.320511e+01       NA  9.374831e+05 -1.054564e+06
## UGDS_WHITE  -1.022675e-03       NA -1.240066e+02  1.366213e+02
## UGDS_BLACK   4.049642e-03       NA  1.146384e+02  1.071934e+02
## UGDS_HISP   -4.541317e-03       NA -2.180677e+02 -3.908326e+02
## UGDS_ASIAN   1.412896e-03       NA  6.730717e+00  6.871751e+01
## UGDS_AIAN   -3.013514e-04       NA -1.599170e+00  5.013602e+00
## UGDS_NHPI    2.529098e-06       NA  2.583758e+00 -5.355119e-02
## UGDS_2MOR    2.556290e-04       NA  3.388250e+01  1.402869e+01
## UGDS_NRA     8.796026e-05       NA  4.199023e+01  5.864873e+01
## UGDS_UNKN    5.664905e-05       NA  1.438584e+02  6.722633e-01
## PPTUG_EF     5.709555e-02       NA  9.444090e+01  7.811069e+01
## NPT4_PUB               NA       NA            NA            NA
## NPT4_PRIV    9.444090e+01       NA  4.742631e+07  3.652982e+07
## COSTT4_A     7.811069e+01       NA  3.652982e+07  3.643841e+07
## TUITFTE      1.735878e+02       NA  2.180722e+07  1.813643e+07
## INEXPFTE     2.332564e+01       NA  4.297221e+06  5.311617e+06
## PFTFAC      -1.706967e-02       NA -2.505588e+01  1.523769e+02
## PCTPELL     -3.937273e-03       NA -1.326173e+02 -3.559557e+02
## C150_4      -8.996381e-03       NA  1.999895e+02  1.954150e+02
## PFTFTUG1_EF -4.286071e-02       NA -3.757500e+01 -8.427464e+01
## RET_FT4     -1.335981e-02       NA  2.950110e+02  2.920637e+02
## PCTFLOAN     1.270867e-03       NA  5.772991e+02  2.539930e+02
## CONTROL      0.000000e+00       NA  0.000000e+00  0.000000e+00
##                   TUITFTE      INEXPFTE        PFTFAC       PCTPELL
## ADM_RATE    -5.482883e+01 -7.029751e+01 -3.889060e-03  6.797696e-03
## SAT_AVG      3.643763e+05  3.671487e+05  1.503040e+01 -8.236240e+00
## UGDS         3.612887e+05 -5.252836e+05 -6.668619e+01 -1.015440e+01
## UGDS_WHITE   2.582911e+01  7.644524e+01  3.705677e-03 -1.429713e-02
## UGDS_BLACK   2.993496e+01 -3.257419e+01 -8.937824e-03  1.086400e-02
## UGDS_HISP   -2.307021e+02 -1.296399e+02  3.498506e-03  7.576123e-03
## UGDS_ASIAN   4.957734e+00 -1.961725e+00 -1.258733e-06 -2.458619e-03
## UGDS_AIAN   -5.818548e-01 -2.256223e+00  4.505304e-04  1.131439e-04
## UGDS_NHPI    8.882462e+00  6.679664e+00 -1.125309e-04 -1.515557e-04
## UGDS_2MOR    2.083927e+01  9.212449e+00  2.065476e-04 -1.542680e-04
## UGDS_NRA     4.763389e+01  2.367812e+01  1.134849e-03 -1.215527e-03
## UGDS_UNKN    9.350436e+01  5.031074e+01 -4.440726e-05 -9.672852e-05
## PPTUG_EF     1.735878e+02  2.332564e+01 -1.706967e-02 -3.937273e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    2.180722e+07  4.297221e+06 -2.505588e+01 -1.326173e+02
## COSTT4_A     1.813643e+07  5.311617e+06  1.523769e+02 -3.559557e+02
## TUITFTE      7.022704e+07  2.692307e+07  2.607751e+01 -1.916434e+02
## INEXPFTE     2.692307e+07  2.378391e+07  2.548895e+02 -1.097408e+02
## PFTFAC       2.607751e+01  2.548895e+02  7.681149e-02 -7.948022e-03
## PCTPELL     -1.916434e+02 -1.097408e+02 -7.948022e-03  3.975721e-02
## C150_4       8.835031e+01  1.082532e+02  1.605758e-02 -2.823815e-03
## PFTFTUG1_EF  2.007595e+02 -8.561791e+01  9.990057e-04  1.193181e-02
## RET_FT4      2.260812e+02  8.775900e+01  1.481703e-02 -6.302667e-03
## PCTFLOAN     3.373045e+02  3.263181e+01 -4.795995e-03  2.206536e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##                    C150_4   PFTFTUG1_EF       RET_FT4      PCTFLOAN
## ADM_RATE    -2.131956e-03  1.694741e-02 -8.682872e-03 -9.220602e-04
## SAT_AVG      1.437395e+01  1.570487e+01  1.130607e+01 -7.846287e+00
## UGDS        -1.009311e+02 -1.321671e+02 -1.158528e+02  3.295771e+00
## UGDS_WHITE   2.664676e-03  3.386934e-03  8.031208e-03  7.311984e-03
## UGDS_BLACK  -9.138176e-03 -1.067939e-03 -1.197112e-02  8.454763e-03
## UGDS_HISP    8.380106e-03  3.722735e-03  3.612188e-03 -1.552422e-02
## UGDS_ASIAN   2.282545e-03 -1.301617e-03  1.901256e-03 -4.525142e-03
## UGDS_AIAN   -7.231991e-05  3.528656e-05  8.727148e-05  7.705691e-05
## UGDS_NHPI    3.514270e-04 -8.173915e-04  2.451845e-04 -9.339149e-05
## UGDS_2MOR   -2.985267e-04  1.067049e-04 -9.552644e-05  9.465330e-04
## UGDS_NRA     2.738086e-04 -7.699709e-05  1.845032e-03 -9.316870e-04
## UGDS_UNKN   -4.443238e-03 -3.988181e-03 -3.655752e-03  4.371320e-03
## PPTUG_EF    -8.996381e-03 -4.286071e-02 -1.335981e-02  1.270867e-03
## NPT4_PUB               NA            NA            NA            NA
## NPT4_PRIV    1.999895e+02 -3.757500e+01  2.950110e+02  5.772991e+02
## COSTT4_A     1.954150e+02 -8.427464e+01  2.920637e+02  2.539930e+02
## TUITFTE      8.835031e+01  2.007595e+02  2.260812e+02  3.373045e+02
## INEXPFTE     1.082532e+02 -8.561791e+01  8.775900e+01  3.263181e+01
## PFTFAC       1.605758e-02  9.990057e-04  1.481703e-02 -4.795995e-03
## PCTPELL     -2.823815e-03  1.193181e-02 -6.302667e-03  2.206536e-02
## C150_4       4.177170e-02  1.157788e-02  2.106522e-02  2.240202e-05
## PFTFTUG1_EF  1.157788e-02  9.410520e-02  1.291551e-02  1.934220e-03
## RET_FT4      2.106522e-02  1.291551e-02  7.748550e-02  1.649988e-04
## PCTFLOAN     2.240202e-05  1.934220e-03  1.649988e-04  6.270230e-02
## CONTROL      0.000000e+00  0.000000e+00  0.000000e+00  0.000000e+00
##             CONTROL
## ADM_RATE          0
## SAT_AVG           0
## UGDS              0
## UGDS_WHITE        0
## UGDS_BLACK        0
## UGDS_HISP         0
## UGDS_ASIAN        0
## UGDS_AIAN         0
## UGDS_NHPI         0
## UGDS_2MOR         0
## UGDS_NRA          0
## UGDS_UNKN         0
## PPTUG_EF          0
## NPT4_PUB         NA
## NPT4_PRIV         0
## COSTT4_A          0
## TUITFTE           0
## INEXPFTE          0
## PFTFAC            0
## PCTPELL           0
## C150_4            0
## PFTFTUG1_EF       0
## RET_FT4           0
## PCTFLOAN          0
## CONTROL           0

Question 8 Are There Differences as function of a university

Differences exist, most notably, between Public vs. Nonprofit universities. For example, the correlation between C150 & COST is -0.21 in the Public sample but jumps up to -0.67 in the Nonprofit Private sample. Also, SAT_AVG is not as strongly related in the Public data set as it is in the Nonprofit. Differences also exist in the For Profit schools from both Public & Nonprofit schools in that nearly all correlations shrink significantly in the For Profit schools.

Question 9 - 16 Simple Regressions

9.) y = -22454 + 51.9x As SAT_AVG increases, cost of attending the university increases

10.) y = 43930 + (-17799.4x) As Admission rate increases, cost of attendance decreases

11.) y = -8999.2 + 13.7x As Avg SAT score increases, the # of students increases

12.) y = 6474.7 + (-3852.2x) As admission rate increases, the number of students decreases

13.) y = -0.57 + 0.001x As SAT Score increases, completion rate increases by 0.001.

14.) y = 0.734 + (-0.3x) As admission rate increases, completion rate slightly decreases

15.) y = 1.276 + (-0.0006x) As Avg SAT score increases, % of students with Federal Student loans slightly decreases.

16.) y = 0.51 = 0.11x As admission rate increases, so does % of students with federal student loans.

Additional Analyses

Prediciting Tuition from Instructional Expenditures - this would suggest that, as instructional expenditures increases, net tuition per student increase by 0.9. y = 3062 + 0.9x

Prediciting Tuition from Percent of Undergrads recieving a federal loan - this would suggest that as the percentage of students with a Federal Student loan increases, the net tuition increases. y = 5701.5 + 8234.7x

AVGCOSTfromAVGSATLM<-lm(COSTT4_A ~ SAT_AVG, data = Project2Data)
summary(AVGCOSTfromAVGSATLM)
## 
## Call:
## lm(formula = COSTT4_A ~ SAT_AVG, data = Project2Data)
## 
## Residuals:
##    Min     1Q Median     3Q    Max 
## -32053 -10000    942   9354  25867 
## 
## Coefficients:
##               Estimate Std. Error t value Pr(>|t|)    
## (Intercept) -22454.499   2520.612  -8.908   <2e-16 ***
## SAT_AVG         51.901      2.361  21.984   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 11350 on 1296 degrees of freedom
##   (6405 observations deleted due to missingness)
## Multiple R-squared:  0.2716, Adjusted R-squared:  0.2711 
## F-statistic: 483.3 on 1 and 1296 DF,  p-value: < 2.2e-16
COSTfromADMRATlm<-lm(COSTT4_A ~ ADM_RATE, data = Project2Data)
summary(COSTfromADMRATlm)
## 
## Call:
## lm(formula = COSTT4_A ~ ADM_RATE, data = Project2Data)
## 
## Residuals:
##    Min     1Q Median     3Q    Max 
## -31765  -9986  -1323   9705  36241 
## 
## Coefficients:
##             Estimate Std. Error t value Pr(>|t|)    
## (Intercept)  43930.1      981.5   44.76   <2e-16 ***
## ADM_RATE    -17799.4     1380.0  -12.90   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 12620 on 1994 degrees of freedom
##   (5707 observations deleted due to missingness)
## Multiple R-squared:  0.07701,    Adjusted R-squared:  0.07654 
## F-statistic: 166.4 on 1 and 1994 DF,  p-value: < 2.2e-16
NUMOFSTUDfromAVGSATlm<-lm(UGDS ~ SAT_AVG, data = Project2Data)
summary(NUMOFSTUDfromAVGSATlm)
## 
## Call:
## lm(formula = UGDS ~ SAT_AVG, data = Project2Data)
## 
## Residuals:
##    Min     1Q Median     3Q    Max 
## -11197  -3981  -2485   1077  45035 
## 
## Coefficients:
##              Estimate Std. Error t value Pr(>|t|)    
## (Intercept) -8999.262   1573.214  -5.720 1.32e-08 ***
## SAT_AVG        13.708      1.474   9.301  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 7095 on 1302 degrees of freedom
##   (6399 observations deleted due to missingness)
## Multiple R-squared:  0.06231,    Adjusted R-squared:  0.06159 
## F-statistic: 86.51 on 1 and 1302 DF,  p-value: < 2.2e-16
NUMOFSTUDfromADMRATlm<-lm(UGDS ~ ADM_RATE, data = Project2Data)
summary(NUMOFSTUDfromADMRATlm)
## 
## Call:
## lm(formula = UGDS ~ ADM_RATE, data = Project2Data)
## 
## Residuals:
##    Min     1Q Median     3Q    Max 
##  -6377  -3081  -2259     81  47716 
## 
## Coefficients:
##             Estimate Std. Error t value Pr(>|t|)    
## (Intercept)   6474.7      462.7  13.994  < 2e-16 ***
## ADM_RATE     -3852.2      640.6  -6.013 2.12e-09 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 6273 on 2196 degrees of freedom
##   (5505 observations deleted due to missingness)
## Multiple R-squared:  0.0162, Adjusted R-squared:  0.01575 
## F-statistic: 36.16 on 1 and 2196 DF,  p-value: 2.122e-09
COMPRATEfromAVGSATlm<-lm(C150_4 ~ SAT_AVG, data = Project2Data)
summary(COMPRATEfromAVGSATlm)
## 
## Call:
## lm(formula = C150_4 ~ SAT_AVG, data = Project2Data)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.52185 -0.06537  0.00721  0.06898  0.46134 
## 
## Coefficients:
##               Estimate Std. Error t value Pr(>|t|)    
## (Intercept) -0.5741736  0.0237624  -24.16   <2e-16 ***
## SAT_AVG      0.0010598  0.0000222   47.74   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1049 on 1269 degrees of freedom
##   (6432 observations deleted due to missingness)
## Multiple R-squared:  0.6424, Adjusted R-squared:  0.6421 
## F-statistic:  2279 on 1 and 1269 DF,  p-value: < 2.2e-16
COMPRATEfromADMRATEAlm<-lm(C150_4 ~ ADM_RATE, data = Project2Data)
summary(COMPRATEfromADMRATEAlm)
## 
## Call:
## lm(formula = C150_4 ~ ADM_RATE, data = Project2Data)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.58476 -0.12368  0.00175  0.13908  0.57278 
## 
## Coefficients:
##             Estimate Std. Error t value Pr(>|t|)    
## (Intercept)  0.73479    0.01509   48.68   <2e-16 ***
## ADM_RATE    -0.30757    0.02143  -14.36   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.182 on 1804 degrees of freedom
##   (5897 observations deleted due to missingness)
## Multiple R-squared:  0.1025, Adjusted R-squared:  0.102 
## F-statistic: 206.1 on 1 and 1804 DF,  p-value: < 2.2e-16
PCTFLOANfromAVGSATlm<-lm(PCTFLOAN ~ SAT_AVG, data = Project2Data)
summary(PCTFLOANfromAVGSATlm)
## 
## Call:
## lm(formula = PCTFLOAN ~ SAT_AVG, data = Project2Data)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.72338 -0.07918  0.01720  0.10087  0.34595 
## 
## Coefficients:
##               Estimate Std. Error t value Pr(>|t|)    
## (Intercept)  1.276e+00  3.239e-02    39.4   <2e-16 ***
## SAT_AVG     -6.493e-04  3.035e-05   -21.4   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.146 on 1300 degrees of freedom
##   (6401 observations deleted due to missingness)
## Multiple R-squared:  0.2604, Adjusted R-squared:  0.2599 
## F-statistic: 457.8 on 1 and 1300 DF,  p-value: < 2.2e-16
PCTFLOANfromADMRATlm<-lm(PCTFLOAN ~ ADM_RATE, data = Project2Data)
summary(PCTFLOANfromADMRATlm)
## 
## Call:
## lm(formula = PCTFLOAN ~ ADM_RATE, data = Project2Data)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.62435 -0.11274  0.03085  0.15665  0.44315 
## 
## Coefficients:
##             Estimate Std. Error t value Pr(>|t|)    
## (Intercept)  0.51186    0.01603  31.923  < 2e-16 ***
## ADM_RATE     0.11249    0.02219   5.069 4.32e-07 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2168 on 2193 degrees of freedom
##   (5508 observations deleted due to missingness)
## Multiple R-squared:  0.01158,    Adjusted R-squared:  0.01113 
## F-statistic:  25.7 on 1 and 2193 DF,  p-value: 4.324e-07
TUITIONfromINSTRUCTREVlm<-lm(TUITFTE ~ INEXPFTE, data = Project2Data)
summary(TUITIONfromINSTRUCTREVlm)
## 
## Call:
## lm(formula = TUITFTE ~ INEXPFTE, data = Project2Data)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -349111   -4614     571    4279  556150 
## 
## Coefficients:
##              Estimate Std. Error t value Pr(>|t|)    
## (Intercept) 3.062e+03  1.608e+02   19.04   <2e-16 ***
## INEXPFTE    9.971e-01  1.094e-02   91.14   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 11870 on 7268 degrees of freedom
##   (433 observations deleted due to missingness)
## Multiple R-squared:  0.5333, Adjusted R-squared:  0.5333 
## F-statistic:  8306 on 1 and 7268 DF,  p-value: < 2.2e-16
TUITIONfromPCTFLOANlm<-lm(TUITFTE ~ PCTFLOAN, data = Project2Data)
summary(TUITIONfromPCTFLOANlm)
## 
## Call:
## lm(formula = TUITFTE ~ PCTFLOAN, data = Project2Data)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
##  -13812   -4544   -1656    2328 1286094 
## 
## Coefficients:
##             Estimate Std. Error t value Pr(>|t|)    
## (Intercept)   5701.5      431.7   13.21   <2e-16 ***
## PCTFLOAN      8234.7      725.0   11.36   <2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 17180 on 6960 degrees of freedom
##   (741 observations deleted due to missingness)
## Multiple R-squared:  0.0182, Adjusted R-squared:  0.01806 
## F-statistic:   129 on 1 and 6960 DF,  p-value: < 2.2e-16

17 Are the distributions of average SAT score, admission rate, and total number of undergraduate students normal or non-normal?

Technically, we might say that the ADM_Rate variable is normally distributed, since its skewness and kurtosis scores are less than 1, and its mean and median are pretty close to one another. The AVG_SAT score variable appears normal, however it has a kurtosis score above 1. The UGDS variable is very obviously not normal with extreme kurtosis scores.

hist(Project2Data$SAT_AVG)

describe(Project2Data$SAT_AVG)
##    vars    n    mean     sd median trimmed    mad min  max range skew
## X1    1 1304 1059.07 133.36 1039.5 1048.34 104.52 720 1545   825 0.82
##    kurtosis   se
## X1     1.11 3.69
describe(Project2Data$ADM_RATE)
##    vars    n mean   sd median trimmed  mad min max range  skew kurtosis se
## X1    1 2198 0.69 0.21   0.71    0.71 0.21   0   1     1 -0.58    -0.04  0
hist(Project2Data$ADM_RATE)

describe(Project2Data$UGDS)
##    vars    n    mean      sd median trimmed    mad min    max  range skew
## X1    1 6990 2332.16 5438.85    406 1052.09 526.32   0 151558 151558 6.84
##    kurtosis    se
## X1   104.77 65.05
hist(Project2Data$UGDS)

18 For any of the distributions that were not normal in your previous answer, how could you transform them to be normal?

We are going to use the Make.Z function to transform our data into normal distributions.

Upon transformation, the mean becomes 0, sd becomes 1, and variance becomes 1.

satavgzscore<- Make.Z(Project2Data$SAT_AVG)
admratezscore<- Make.Z(Project2Data$ADM_RATE)
ugdszscore<-Make.Z(Project2Data$UGDS)
describe(satavgzscore)
##    vars    n mean sd median trimmed  mad   min  max range skew kurtosis
## X1    1 1304    0  1  -0.15   -0.08 0.78 -2.54 3.64  6.19 0.82     1.11
##      se
## X1 0.03
describe(admratezscore)
##    vars    n mean sd median trimmed mad   min  max range  skew kurtosis
## X1    1 2198    0  1    0.1    0.07   1 -3.31 1.48  4.79 -0.58    -0.04
##      se
## X1 0.02
describe(ugdszscore)
##    vars    n mean sd median trimmed mad   min   max range skew kurtosis
## X1    1 6990    0  1  -0.35   -0.24 0.1 -0.43 27.44 27.87 6.84   104.77
##      se
## X1 0.01
var(satavgzscore, use = "pairwise.complete.obs")
##      [,1]
## [1,]    1
var(admratezscore, use = "pairwise.complete.obs")
##      [,1]
## [1,]    1
var(ugdszscore, use = "pairwise.complete.obs")
##      [,1]
## [1,]    1

19 Based on the distribution of scores, what is the probability that the average SAT score for a school is greater than 1400? What is the probability that the average SAT score for a school is less than 800?

Above 1400 = 0.5% Less than 800 = 2.6%

pnorm(1400,1059.07,133.36,lower.tail = FALSE)
## [1] 0.005287105
pnorm(800,1059.07,133.36)
## [1] 0.02603005

20 Imagine that the distribution of average SAT scores was perfectly normal. Answer both parts of Question 18 again using the observed mean and standard deviation as your parameters.

Above 1400 = 0.5% Less than 800 = 2.6%

pnorm(1400,1059.07,133.36,lower.tail = FALSE)
## [1] 0.005287105
pnorm(800,1059.07,133.36)
## [1] 0.02603005