A study of the records of 85,000 apartment units in a greater metropolitan area revealed the following data. Year 2003 2006 2002 2004 2005 Average Rent, $ 1348 1336 1312 1355 1308 Find the average of the average rent for the 5 years in question. (Round your answer to the nearest whole number.) What is the standard deviation for these data? (Round your answer to two decimal places.)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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A study of the records of 85,000 apartment units in a greater metropolitan area revealed the following data.
Year
2003
2006
2002
2004
2005
Average Rent, $
1348
1336
1312
1355
1308
Find the average of the average rent for the 5 years in question. (Round your answer to the nearest whole number.)
What is the standard deviation for these data? (Round your answer to two decimal places.)
Transcribed Image Text:A study of the records of 85,000 apartment units in a greater metropolitan area revealed the following data. Year 2003 2006 2002 2004 2005 Average Rent, $ 1348 1336 1312 1355 1308 Find the average of the average rent for the 5 years in question. (Round your answer to the nearest whole number.) What is the standard deviation for these data? (Round your answer to two decimal places.)
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