Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room? 123 271 88 132 203 275 188 157 The range of the sample data is (Round to one decimal place as needed.) The standard deviation of the sample data is (Round to one decimal place as needed.) The variance of the sample data is (Round to one decimal place as needed.) How useful are the measures of variation for someone searching for a room? O A. The measures of variation are very useful because a person does not want to buy a room where the variation is too high. O B. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more important than the amount of variation in the area. O C. The measures of variation are very useful because a person does not want to buy a room where the variation is too low. D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless.
Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room? 123 271 88 132 203 275 188 157 The range of the sample data is (Round to one decimal place as needed.) The standard deviation of the sample data is (Round to one decimal place as needed.) The variance of the sample data is (Round to one decimal place as needed.) How useful are the measures of variation for someone searching for a room? O A. The measures of variation are very useful because a person does not want to buy a room where the variation is too high. O B. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more important than the amount of variation in the area. O C. The measures of variation are very useful because a person does not want to buy a room where the variation is too low. D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless.
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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Transcribed Image Text:Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given
sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room?
123
271
88
132
203
275
188
157
The range of the sample data is
(Round to one decimal place as needed.)
The standard deviation of the sample data is
(Round to one decimal place as needed.)
The variance of the sample data is
(Round to one decimal place as needed.)
How useful are the measures of variation for someone searching for a room?
O A. The measures of variation are very useful because a person does not want to buy a room where the variation is too high.
B. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more
important than the amount of variation in the area.
C. The measures of variation are very useful because a person does not want to buy a room where the variation is too low.
O D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting
statistics are meaningless.
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