8. Geography Majors The data listed below are estimated incomes (dollars) of students who graduated from the University of North Carolina (UNC) after majoring in geography. The data are based on graduates from the year 1984, and the income of basketball superstar Michael Jordan (a 1984 UNC graduate and geography major) is included. Does his income have much of an effect on the results? 17,466 18,085 17,875 19,339 19,682 19,610 18,259 16,354 2,200,000 (, find the range, variance, and standard deviation for the given sample data. Include appropriate units (such as "minutes") in your results. (The same data were used in Section 3-1, where we found measures of center. Here we find measures of varia- tion.) Then answer the given questions.

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**Title: Analysis of Estimated Incomes for Geography Majors**

**Description:**

The data below represents the estimated incomes (in dollars) of students who graduated from the University of North Carolina (UNC) after majoring in geography. These figures are based on graduates from the year 1984, with the inclusion of the income of a notable basketball superstar, mentioned as Michael Jordan (a 1984 UNC graduate and geography major), to evaluate its impact on the results. 

**Data:**
- 17,466
- 18,085
- 17,875
- 19,339
- 19,682
- 19,610
- 18,259
- 16,354
- 2,200,000

**Task:**
Find the range, variance, and standard deviation for the given sample data. Ensure the use of appropriate units in your results, such as “minutes” where applicable. Note that this data set was also used in another section focused on measures of center. The aim here is to explore measures of variation.

**Questions:**
1. Does the inclusion of Michael Jordan's income have a significant effect on the results? Explain your findings based on the calculated measures of variation.
Transcribed Image Text:**Title: Analysis of Estimated Incomes for Geography Majors** **Description:** The data below represents the estimated incomes (in dollars) of students who graduated from the University of North Carolina (UNC) after majoring in geography. These figures are based on graduates from the year 1984, with the inclusion of the income of a notable basketball superstar, mentioned as Michael Jordan (a 1984 UNC graduate and geography major), to evaluate its impact on the results. **Data:** - 17,466 - 18,085 - 17,875 - 19,339 - 19,682 - 19,610 - 18,259 - 16,354 - 2,200,000 **Task:** Find the range, variance, and standard deviation for the given sample data. Ensure the use of appropriate units in your results, such as “minutes” where applicable. Note that this data set was also used in another section focused on measures of center. The aim here is to explore measures of variation. **Questions:** 1. Does the inclusion of Michael Jordan's income have a significant effect on the results? Explain your findings based on the calculated measures of variation.
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