The file HotelAway contains the average room price (in English pounds) paid in 2012 by people of
Question:
171 169 158 164 158 135 150 141
Source: Data extracted from bit.ly/XPtF0Y.
a. Compute the mean, median, and mode.
b. Compute the range, variance, and standard deviation.
c. Based on the results of (a) and (b), what conclusions can you reach concerning the room price (in US$) in 2012?
d. Suppose that the first value was 200 instead of 171. Repeat (a) through (c), using this value. Comment on the difference in the results.
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Related Book For
Basic Business Statistics
ISBN: 9780321870025
13th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
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