For a sample of five different years from the period 1960 through 2007, it is found that
Question:
a. Determine the mean, median, range, and midrange.
b. Calculate the mean absolute deviation.
c. Calculate the standard deviation and variance.
A computer and statistical software will be desirable and useful. However, any necessary calculations can also be done with the aid of a pocket calculator. For readers using statistical software, keep in mind the file-naming key€” for example, the data for Exercise 3.57 will be in data file XR03057.
In exercise
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