Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In Passaic County, a specific kitchen aide product was found at 8 different stores and the process were $27, $25, $20, $15, $30, $34, $28
In Passaic County, a specific kitchen aide product was found at 8 different stores and the
process were $27, $25, $20, $15, $30, $34, $28 and $25.
a)
Calculate the interquartile range
b)
Calculate the standard deviation
c)
Calculate the median price
d)
In Bergen County the average price for the same kitchen aide product was $20.50
with a standard deviation of $5.25.
The price of the kitchen aide product was more
consistent (less variability) in Passaic or Bergen County (prove statistically)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started