The data shown below are monthly rental costs of 15 randomly selected two-bedroom apartments in a certain city: 1040, 971, 774, 928, 978, 908, 867, 978, 933, 901, 1026, 1069, 955, 876, 1054 A. Find the mean of the data. Mean = $ B. Interpret your answer. O The average number of apartments rented in this city. O 50% of two-bedroom apartments in this city cost less than the mean, and 50% cost more. Round to 1 decimal place. ○ Average monthly rental cost of an apartment in this city. O Average monthly rental cost of a two-bedroom apartment in this city. C. Find the standard deviation of this data. Standard devation = $ D. Interpret your answer. Round to 2 decimal places.

MATLAB: An Introduction with Applications
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The data shown below are monthly rental costs of 15 randomly selected two-bedroom apartments in a certain city:

1040, 971, 774, 928, 978, 908, 867, 978, 933, 901, 1026, 1069, 955, 876, 1054

**A. Find the mean of the data.**

Mean = $__________  \( \text{Round to 1 decimal place.} \)

**B. Interpret your answer.**

- ☐ The average number of apartments rented in this city.
- ☐ 50% of two-bedroom apartments in this city cost less than the mean, and 50% cost more.
- ☐ Average monthly rental cost of an apartment in this city.
- ☐ Average monthly rental cost of a two-bedroom apartment in this city.

**C. Find the standard deviation of this data.**

Standard deviation = $__________  \( \text{Round to 2 decimal places.} \)

**D. Interpret your answer.**

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In the image accompanying this text, there is a list of monthly rental costs for 15 two-bedroom apartments. The task involves calculating the mean and standard deviation of these costs and interpreting the results. The interface includes text boxes for users to input their calculations and choices to interpret the data meaning accurately. There are no graphs or diagrams in the image.
Transcribed Image Text:The data shown below are monthly rental costs of 15 randomly selected two-bedroom apartments in a certain city: 1040, 971, 774, 928, 978, 908, 867, 978, 933, 901, 1026, 1069, 955, 876, 1054 **A. Find the mean of the data.** Mean = $__________ \( \text{Round to 1 decimal place.} \) **B. Interpret your answer.** - ☐ The average number of apartments rented in this city. - ☐ 50% of two-bedroom apartments in this city cost less than the mean, and 50% cost more. - ☐ Average monthly rental cost of an apartment in this city. - ☐ Average monthly rental cost of a two-bedroom apartment in this city. **C. Find the standard deviation of this data.** Standard deviation = $__________ \( \text{Round to 2 decimal places.} \) **D. Interpret your answer.** --- In the image accompanying this text, there is a list of monthly rental costs for 15 two-bedroom apartments. The task involves calculating the mean and standard deviation of these costs and interpreting the results. The interface includes text boxes for users to input their calculations and choices to interpret the data meaning accurately. There are no graphs or diagrams in the image.
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