(Solution) - The data given below refer to the in state tuition costs -(2025 Original AI-Free Solution)

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The data given below refer to the in-state tuition costs (in dollars) of 15 randomly selected colleges from a list of the 100 best values in public colleges (source: Kiplinger?s Magazine, October 2000).

Obtain a 95% confidence interval for the median in-state tuition costs and interpret its meaning.