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City B 2.50 1.00 1.50 The range for city A is $ 0.50. The range for city B is $0.96

City B 2.50 1.00 1.50 The range for city A is $ 0.50. The range for city B is $0.96

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following data for a random sample of banks in two cities represent the ATM fees for using another bank's ATM. Compute the range and sample standard deviation for ATM fees for each city. Which city has the most dispersion based on range? Which city has more dispersion based on the standard deviation? City A 1.00 1.00 1.50 1.50 1.00 O City B 2.50 1.00 1.50 0.00 2.00 The range for city A is $ 0.50 The range for city B is $0.96.
Transcribed Image Text:The following data for a random sample of banks in two cities represent the ATM fees for using another bank's ATM. Compute the range and sample standard deviation for ATM fees for each city. Which city has the most dispersion based on range? Which city has more dispersion based on the standard deviation? City A 1.00 1.00 1.50 1.50 1.00 O City B 2.50 1.00 1.50 0.00 2.00 The range for city A is $ 0.50 The range for city B is $0.96.
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Step 1

Given data :

For city A 

 1,1,1.5,1.5,1

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