The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in major

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The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in major U.S. cities (The Wall Street Journal, January 16, 2004). The average hotel room rates for 20 cities are as follows:

Atlanta $163 Minneapolis $125 Boston 177 New Orleans 167 Chicago 166 New York 245 Cleveland 126 Orlando 146 Dallas 123 Phoenix 139 Denver 120 Pittsburgh 134 Detroit 144 San Francisco 167 Houston 173 Seattle 162 Los Angeles 160 St. Louis 145 Miami 192 Washington, D.C. 207

a. What is the mean hotel room rate?

b. What is the median hotel room rate?

c. What is the mode?

d. What is the first quartile?

e. What is the third quartile?

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Statistics For Business And Economics

ISBN: 9780324783247

11th Edition

Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson

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