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The distribution of payoffs at a racetrack has a mean of $5.85 and median of $3.40. We can conclude which of the following: a. Calculate
The distribution of payoffs at a racetrack has a mean of $5.85 and median of $3.40. We can conclude which of the following:
a. Calculate the Sample Mean and Standard Deviation with a calculator. b. Calculate the 5-Number Summary (show work). c. Calculate the Inter Quartile Range (IQR). d. Check for mild and extreme outliers. e. Construct a box plot.
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