a. What is the best measure of central tendency to use to get a reasonable estimate for the cost of the car? Explain. b. What is the range? ofru

MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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3. A local charity wants to purchase a classic 1978 Chevy Monte Carlo for use as a prize in a fundraiser.
They find the following eight prices in the paper.
$17,000
$3,000
$21,600
$96,000
lenth
$19,000
$16,000
$18,888
$24,200
a. What is the best measure of central tendency to use to get a reasonable estimate for
the cost of the car? Explain.
b. What is the range?
cialni priho
Transcribed Image Text:3. A local charity wants to purchase a classic 1978 Chevy Monte Carlo for use as a prize in a fundraiser. They find the following eight prices in the paper. $17,000 $3,000 $21,600 $96,000 lenth $19,000 $16,000 $18,888 $24,200 a. What is the best measure of central tendency to use to get a reasonable estimate for the cost of the car? Explain. b. What is the range? cialni priho
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