11:01 .Ill 70 X Answered: 4. A tr... GROUP & bartleby.com TCW X Start your trial now! First week only $4.99! Q SEARCH & ASK $ CHAT Answer it using spreadsheet or excel DESCRIPTIVE STATISTICS 4. A travelling salesman checks the prices of gasoline in gas stations within his area of assignment. The following are the prices per liter of unleaded gasoline in a sample of 15 gasoline stations in his area: 50.15 51.89 48.84 51.87 46.59 51.61 49.54 47.98 50.96 51.22 51.08 50.88 51.94 46.50 47.90 a. What is the standard deviation? b. What is the coefficient of variation? C. Based on the descriptive measures you obtained in item 2 and in this item, what can you say about the price of gasoline in the area? DESCRIPTIVE STATISTICS 4. A travelling salesman checks the prices of gasoline in gas stations within his area of assignment. The following are the prices per liter of unleaded gasoline in a sample of 15 gasoline stations in his area: 50.15 51.89 48.84 51.87 46.59 51.61 49.54 47.98 50.96 51.22 51.08 50.88 51.94 46.50 47.90 a. What is the standard deviation? b. What is the coefficient of variation? C. Based on the descriptive measures you obtained in item 2 and i item, what can you say about the price of gasol the area? O O