Here are 6 celebrities with some of the highest net worths (in millions of dollars) in a recent year: George Lucas (5500), Steven Spielberg (3700), Oprah Winfrey (3200), Michael Jordan (1 Paul McCartney (1200), and Jerry Seinfeld (950). Find the range, variance, and standard deviation for the sample data. What do the results tell us about the population of all celebritie on the nature of the amounts, what can be inferred about their precision? The range is $ million. (Round to the nearest integer as needed.) The variance is million dollars squared. (Round to the nearest integer as needed.) The standard deviation is $million. (Round to the nearest integer as needed.) What do the results tell us about the population of all celebrities? OA. Because the data are from celebrities with the highest net worths, the measures of variation are not at all typical for all celebrities. OB. Because the statistics are calculated from the data, the measures of variation are typical for all celebrities. OC. Because the statistics are calculated from the data, the measures of variation cannot tell us about other celebrities. O D. Because the data are from celebrities with the highest net worths, the measures of variation are typical for all celebrities. Based on the nature of the amounts, what can be inferred about their precision?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Names
George Lucas
Steven Spielberg
Oprah Winfrey
Michael Jordan
Paul McCartney
Jerry Seinfeld
Net Worth (in millions of dollars)
5500
3700
3200
1700
1200
950
Transcribed Image Text:Names George Lucas Steven Spielberg Oprah Winfrey Michael Jordan Paul McCartney Jerry Seinfeld Net Worth (in millions of dollars) 5500 3700 3200 1700 1200 950
Here are 6 celebrities with some of the highest net worths (in millions of dollars) in a recent year: George Lucas (5500), Steven Spielberg (3700), Oprah Winfrey (3200), Michael Jordan (1700),
Paul McCartney (1200), and Jerry Seinfeld (950) E . Find the range, variance, and standard deviation for the sample data. What do the results tell us about the population of all celebrities? Based
on the nature of the amounts, what can be inferred about their precision?
The range is $
million.
(Round to the nearest integer as needed.)
The variance is million dollars squared.
(Round to the nearest integer as needed.)
The standard deviation is $ million.
(Round to the nearest integer as needed.)
What do the results tell us about the population of all celebrities?
A. Because the data are from celebrities with the highest net worths, the measures of variation are not at all typical for all celebrities.
B. Because the statistics are calculated from the data, the measures of variation are typical for all celebrities.
C. Because the statistics are calculated from the data, the measures of variation cannot tell us about other celebrities.
D. Because the data are from celebrities with the highest net worths, the measures of variation are typical for all celebrities.
Based on the nature of the amounts, what can be inferred about their precision?
Because all of the amounts end with
it appears that they are rounded to the nearest
so it would make sense to round the results to the nearest
Transcribed Image Text:Here are 6 celebrities with some of the highest net worths (in millions of dollars) in a recent year: George Lucas (5500), Steven Spielberg (3700), Oprah Winfrey (3200), Michael Jordan (1700), Paul McCartney (1200), and Jerry Seinfeld (950) E . Find the range, variance, and standard deviation for the sample data. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision? The range is $ million. (Round to the nearest integer as needed.) The variance is million dollars squared. (Round to the nearest integer as needed.) The standard deviation is $ million. (Round to the nearest integer as needed.) What do the results tell us about the population of all celebrities? A. Because the data are from celebrities with the highest net worths, the measures of variation are not at all typical for all celebrities. B. Because the statistics are calculated from the data, the measures of variation are typical for all celebrities. C. Because the statistics are calculated from the data, the measures of variation cannot tell us about other celebrities. D. Because the data are from celebrities with the highest net worths, the measures of variation are typical for all celebrities. Based on the nature of the amounts, what can be inferred about their precision? Because all of the amounts end with it appears that they are rounded to the nearest so it would make sense to round the results to the nearest
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