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1. The interest rates on 30-year mortgages offered by 10 randomly selected banks in NCR are recorded below. 7.5% 8.0% 8.5% 7.25% 6.50% 5.75% 6.75%
1. The interest rates on 30-year mortgages offered by 10 randomly selected banks in NCR are recorded below.
7.5% | 8.0% | 8.5% | 7.25% | 6.50% | 5.75% | 6.75% | 8.25% | 9.0% | 7.0% |
- Find the mean, median, and mode.
- Calculate the sample variance of the interest rates.
- Calculate the sample standard deviation of the interest rates.
- Calculate the range of the interest rates.
2. The table below is a frequency distribution of the credit card rate charged by the top 150 issuers.
Credit Card Rate | Frequency |
22.51%-24.50% | 27 |
20.51%-22.50% | 19 |
18.51%-20.50% | 48 |
16.51%-18.50% | 36 |
14.51%-16.50% | 8 |
12.51%-14.50% | 12 |
- Calculate the average credit card rate charged by the top 150 issuers based on the frequency table.
- Calculate the variance credit card rate charged by the top 150 issuers based on the frequency table.
- Calculate the standard deviation credit card rate charged by the top 150 issuers based on the frequency table.
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