Question
The following data represent the sales price in dollars for nine 2-year old Chevy Cobalts in the LA area. 14050 13999 12999 10995 11000 8950
The following data represent the sales price in dollars for nine 2-year old Chevy Cobalts in the LA area. 14050 13999 12999 10995 11000 8950 7840 7115 4000 You may use your calculator for all parts. Round all decimals to tenths. a.) Determine the sample mean and standard deviation. Label your answers. b.) Determine the quartiles and interquartile range. Label your answers c .) Use your answer from the previous part to find the fences and determine if there are any outliers. This will require use of the formulas as discussed in class. d .) If the number 14050 was incorrectly entered as 16050, how would that affect the mean? What does that say about the mean and how it's affected by changing values in general?
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