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Using the accompanying Weddings data, find the mean, median, and standard deviation of the wedding costs. What would you tell a newly engaged couple
Using the accompanying Weddings data, find the mean, median, and standard deviation of the wedding costs. What would you tell a newly engaged couple about what cost to expect? Consider the effect of possible outliers in the data. Click the icon to view the Weddings data. For the given data set, the mean of the wedding costs is $. The median of the wedding costs is costs is $ (Type integers or decimals rounded to two decimal places as needed.) The standard deviation of the wedding Consider the effect of possible outliers in the data. There is/are mild outlier(s) for the costs. Remove these outliers and recalculate the mean, median, and standard deviation. Recalculating these statistics, the mean of the wedding costs i $. The median of the wedding costs is $. The standard deviation of the wedding costs is $ (Type integers or decimals rounded to two decimal places as needed.) Using the empirical rule, what would you tell a newly engaged couple about what cost to expect? A reasonable prediction of the cost would be between Wedding Data Wedding cost (in $) 61,200.00 51,000.00 46,700.00 42,300.00 34,300.00 31,100.00 29,700.00 29,000.00 27,400.00 26.400.00 25.600.00 25,000.00 23.400.00 21,200.00 20,800.00 20,800.00 20.800.00 19,600.00 18,000.00 17,900.00 16,400.00 13,500.00 13.400.00 6,100.00 4.400.00
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Step: 1
First we enter the given data in the ecel sheet by using the command of Mean Median Standard deviation we can find it easily Wedding cost 60000 51100 ...Get Instant Access to Expert-Tailored Solutions
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Step: 3
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