Question
The accompanying data represent the sales price in dollars for nine2-year-old cars of a certain make and model in a major metropolitan area. 14,050 13,999
The accompanying data represent the sales price in dollars for nine2-year-old cars of a certain make and model in a major metropolitan area.
14,050
13,999
12,999
10,995
9980
8998
7889
7200
5500
(a) Compute the sample mean and median price.
(b) Compute the range and sample standard deviation.
(c) Redo(a) and(b) if the data value14,050 was incorrectly entered as41,050. How does this change affect themean? themedian? therange? the standarddeviation? the interquartilerange? Which of these values isresistant?
(a) The sample mean price is $
nothing
.
(Round to one decimal place asneeded.)
The sample median price is $
nothing
.
(Round to one decimal place asneeded.)
(b) The range is $
nothing
.
(Round to one decimal place asneeded.)
The sample standard deviation is $
nothing
.
(Round to one decimal place asneeded.)
(c) The sample mean price is $
nothing
.
(Round to one decimal place asneeded.)
The sample median price is $
nothing
.
(Round to one decimal place asneeded.)
The range is $
nothing
.
(Round to one decimal place asneeded.)
The sample standard deviation is $
nothing
.
(Round to one decimal place asneeded.)
Which of these values isresistant? Select all that apply.
A.
The range
B.
The sample median
C.
The sample mean
D.
The sample standard deviation
E.
None of the values are resistant.
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