1. The following data set of rental prices are given: 550, 480, 580, 600, 590, 550, 450. What are the mean, median, mode and standard deviation of this data set?

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1. The following data set of rental prices are given: 550, 480, 580, 600, 590, 550, 450.
What are the mean, median, mode and standard deviation of this data set?
2. Consider the below data set: which one of these employees is in the 30th
percentile? Which ones are above the 70th percentile?
Employee
Employee 1
Employee 2
Employee 3
Employee 4
Employee 5
Employee 6
Employee 7
Employee 8
Salary
2300
2900
1800
2500
3200
4300
2500
5200
Transcribed Image Text:1. The following data set of rental prices are given: 550, 480, 580, 600, 590, 550, 450. What are the mean, median, mode and standard deviation of this data set? 2. Consider the below data set: which one of these employees is in the 30th percentile? Which ones are above the 70th percentile? Employee Employee 1 Employee 2 Employee 3 Employee 4 Employee 5 Employee 6 Employee 7 Employee 8 Salary 2300 2900 1800 2500 3200 4300 2500 5200
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