The Marketing Department at ADEC, Inc. has surveyed the price of 12 products that compete directly with
Question:
$122, 124, 127, 146, 125, 122, 134, 125, 123, 128, 126, 134
Compute the range, the MAD, the variance, and the standard deviation or the data. Interpret each of these measures of dispersion.
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Range 146 122 24 Interpretation The difference between the highest pr...View the full answer
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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