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Question: the information below shows the cost for a year of...

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The information below shows the cost for a year of college in public and private colleges in 2002-03 and 2015-16. what is the geometric mean annual increase for the period for the two types of colleges?

Type of college       2002-03      2015-16

Public                   $3,040          $7,298

Private                 $5,528           $13,792

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