You probably regard your university education as an investment.You spend your valuable time, effort, and tuition fees and inreturn you obtain a degree. The provincial and federal governementsalso regard their funding of universities to be an investment. Butis the investment equally effective in producing graduates acrossall provinces? The data bellow indicates the number of graduates atthe bachelors, masters and doctorate levels and funding from foursources: Investment of university endowment funds, provincialfunding, federal funding, tuition fees. Can we estimate the numberof graduates from the level of these sources of funding? Doespopulation size impact the equation? What other factors couldinfluence results?
| | Population size | Bachelors | Masters | Doctorate | Investment Income | Federal | Provincial | Tuition |
1 | Alberta | 4,067,176 | 15720 | 3297 | 579 | 126680000 | 311184000 | 2110750000 | 798612000 |
2 | British Columbia | 4,631,000 | 16980 | 4488 | 393 | 136505000 | 352119000 | 2052199000 | 1021043000 |
3 | Manitoba | 1,282,000 | 5835 | 708 | 96 | 23152000 | 82805000 | 496334000 | 190402000 |
4 | New Brunswick | 753,915 | 4344 | 504 | 45 | 24377000 | 54219000 | 200677000 | 132086000 |
5 | Newfoundland and Labrador | 528,449 | 2760 | 531 | 51 | 3757000 | 61676000 | 292731000 | 72502000 |
6 | Nova Scotia | 942,927 | 7959 | 1716 | 111 | 32551000 | 98062000 | 359035000 | 318869000 |
7 | Ontario | 13,600,000 | 84714 | 13095 | 2049 | 438746000 | 1132905000 | 5010652000 | 3334466000 |
8 | Prince Edward Island | 146,284 | 660 | 48 | 9 | 2134000 | 17553000 | 63118000 | 35506000 |
9 | Quebec | 8,215,000 | 33438 | 9972 | 1428 | 136634000 | 745905000 | 4307043000 | 700697000 |
10 | Saskatchewan | 1,130,000 | 2979 | 435 | 63 | 45108000 | 108851000 | 589425000 | 176926000 |