Given below are the room price (in $) paid by U.S. travellers in six British cities...

Given below are the room price (in $) paid by U.S. travellers in six British cities in 2009:

185 160 126 116 112 105

Compute the mean, median, and mode.

Compute the range, variance, and standard deviation.
Based on the results of (a) and (b), what conclusions can you reach concerning the room price (in $) paid by U.S. travellers in 2009?
Suppose that the first value was 85 instead of 185. Repeat (a) through (c), using this value. Comment on the difference in the results.

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Expert Solution

orchestra answered 1 year ago

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