Question
In: Statistics and Probability
Listed below are the amounts? (dollars) it costs for marriage proposal packages at different baseball stadiums....
Listed below are the amounts? (dollars) it costs for marriage proposal packages at different baseball stadiums. Find the? range, variance, and standard deviation for the given sample data. Include appropriate units in the results. Are there any? outliers, and are they likely to have much of an effect on the measures of ?variation?
38,50,50,55,55,95,95,130,180,213,250,350,450,1750,3000
Solutions
Expert Solution
The range is:
Consider the following table:
 |
 |
 |
|
| 38 | -412.73 | 170346.0529 | |
| 50 | -400.73 | 160584.5329 | |
| 50 | -400.73 | 160584.5329 | |
| 55 | -395.73 | 156602.2329 | |
| 55 | -395.73 | 156602.2329 | |
| 95 | -355.73 | 126543.8329 | |
| 95 | -355.73 | 126543.8329 | |
| 130 | -320.73 | 102867.7329 | |
| 180 | -270.73 | 73294.7329 | |
| 213 | -237.73 | 56515.5529 | |
| 250 | -200.73 | 40292.5329 | |
| 350 | -100.73 | 10146.5329 | |
| 450 | -0.73 | 0.5329 | |
| 1750 | 1299.27 | 1688102.533 | |
| 3000 | 2549.27 | 6498777.533 | |
| Sum: | 6761 | 9527804.9335 |
The sample mean is:
The sample variance is:
The sample standard deviation is:
Yes, there are two outliers 1750 and 3000 and they are likely to have much of an effect on the measures of variation.
orchestra answered 2 years agoRelated Solutions
Listed below are the amounts (dollars) it costs for marriage proposal packages at different baseball stadiums....
Listed below are the amounts (dollars) it costs for marriage
proposal packages at different baseball stadiums. Find the range,
variance, and standard deviation for the given sample data. Include
appropriate units in the results. Are there any outliers, and are
they likely to have much of an effect on the measures of
variation?
36 50 50 55 55 90 95 115 195 206 250 325 500 2000 2500
Listed below are the amounts (dollars) it costs for marriage proposal packages at different baseball stadiums. Find...
Listed below are the amounts (dollars) it costs
for marriage proposal packages at different baseball stadiums. Find
the range, variance, and standard deviation for the given
sample data. Include appropriate units in the results. Are there
any outliers, and are they likely to have much of an effect
on the measures of variation?
38
50
50
65
70
95
95
125
185
200
255
375
450
2000
2750
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162162
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146146
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141141
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muμ?
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Do the limited data listed here show evidence of stealing by
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Month:
1
2
3
4
5
6
7
8...
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest...
Listed below are the amounts of net worth (in millions of
dollars) of the ten wealthiest celebrities in a country. Construct
a 90%
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population of all celebrities? Do the data appear to be from a
normally distributed population as required?
268
210
179
167
164
157
145
145
145
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What is the confidence interval estimate of the population mean
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247247
219219
194194
164164
156156
156156
149149
149149
149149
144144
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Advertising Cost
Profit
3
23
4
29
5
28
6
21
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29
8
32
9
21
Ho: ρ = 0
Ha: ρ > 0
Find the Linear Correlation...
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