Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Drop down options are the following and the same for all 3 - dollars - nights - dollars^2- nights^2 l6 Listed below are prices in

Drop down options are the following and the same for all 3 - dollars - nights - dollars^2- nights^2

image text in transcribed
l6 Listed below are prices in dollars for one night at different hotels in a certain appropriate units in the results. How useful are the measures of variation {or region. Find the range, variance. and standard deviation for the given sample data. Include someone searching for a room? 120 250 89 280 174 152 709 75 g; m The range of the sample data Is [I E (Round to one decimal place as needed.) The standard deviation of the sample data is D CE (Round to one decimal place as needed.) The variance of the sample data is D (Round to one decimal place as needed) How useful are the measures of variation for someone searching for a room? CA. The measures of variation are very useful because a person does not want to buy a room where the variation is too low. 0 B. The measures at variation are very useful because a person does not want to buy a room where the variation is too high. 0 c. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless. on. The measures of variation are not very useful because when searching for a room. low prices, location, and good accommodations are more important than the amount of variation in the area

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Cp-Theory Problem Book Functional Equivalencies

Authors: Vladimir V Tkachuk

1st Edition

3319243853, 9783319243856

More Books

Students also viewed these Mathematics questions