5.) Count Your Money Six people were asked to determine the amount of money they were carrying, to the hearCs dollar. The results were $32, $60, $14, $25, $5, $68 a) Determine the range and standard deviation of the amounts. b) Add $10 to each of the six amounts. How do you expect the range and standard deviation of the new set of data to change? c) Determine the range and standard deviation of the new set of data. Do the results agree with your answer to part If not, explain why.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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5.) Count Your Money Six people were asked to determine the amount of money they were carrying, to the hear
dollar. The results were $32, $60, $14, $25, $5, $68
a) Determine the range and standard deviation of the amounts.
b) Add $10 to each of the six amounts. How do you expect the range and standard deviation of the new set of data to
change?
c) Determine the range and standard deviation of the new set of data. Do the results agree with your answer to part (b)?
If not, explain why.
Transcribed Image Text:5.) Count Your Money Six people were asked to determine the amount of money they were carrying, to the hear dollar. The results were $32, $60, $14, $25, $5, $68 a) Determine the range and standard deviation of the amounts. b) Add $10 to each of the six amounts. How do you expect the range and standard deviation of the new set of data to change? c) Determine the range and standard deviation of the new set of data. Do the results agree with your answer to part (b)? If not, explain why.
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