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.

Mean:It is an average. It is calculated using all the observationsIt is a measure of central…

Answered: The data shown below are monthly rental…

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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Similar questions

The data in the accompanying table represent the total rates of return (in percentages) for three stock exchanges over the four-year period from 2009 to 2012. Calculate the geometric mean rate of return for each of the three stock exchanges. Click the icon to view data table for total rate of return for stock market indices. Click the icon to view data table for total rate of return for platinum, gold, and silver. a. Compute the geometric mean rate of return per year for the stock indices from 2009 through 2012. For stock exchange A, the geometric mean rate of return for the four-year period 2009-2012 was %. (Type an integer or decimal rounded to two decimal places as needed.) Data table for total rate of return Year A B C 2012 6.52 13.15 15.93 2011 4.79 0.00 -2.47 2010 10.00 11.85 16.38 2009 18.63 23.62 43.12 Print Done - X C Geometric mean rate of return for stock market indices Metal Platinum Gold Silver Geometric mean rate of return D 13.54% 15.78% 20.52% Print Done X
For 100 randomly selected college students, the exam score frequency distribution was obtained. Class Limits Frequency 86 - 90 6 91 - 95 22 96 - 100 45 101 - 105 22 106 - 110 5 a. Find the mean, median, and mode. Mean: Median: Mode:
College graduates in a random sample were asked the age when they earned their bachelor's degree. The data are summarized in the frequency table below. Find the mean of the sample. Submit your answer as a decimal value rounded to the nearest tenth. Frequency table: Count of the age when students graduated with a bachelor's degree Age 21 22 23 24 25 26 Frequency 1 3 4 2 O 9
The following chart summarizes the complaints received at a catalogue sales call centre by day of the week. The chart shows percentages for each day. The complaints are classified as related to delivery (the order has not arrived), fulfilment (an item was missing from an order or not what was ordered), size (an item did not fit), and damage. Discuss: (a) Is the day of the week associated with the nature of the complaint? Explain why you think that these variables are or are not associated. (b) What supplemental information that is not shown by the chart is important to managers in charge of dealing with complaints?
5. Use the following values to answer the items below: 4, 4, 4, 5, 5, 6, 6, 6, 6, 7, 8, 8, 9, 9, 10, 11 a. Create a simple frequency distribution table. Include columns for frequency, proportion, cumulative frequency, and cumulative percent. b. What is the N? c. What is the mean? d. What is the mode? e. What is the percentile rank of X = 6.5? f. What is the P75 ?
a. t test for population mean or z test for population proportion b. μ or p H0: =, <, >, or ≠ H1: =, <, >, or ≠ c. z or t
Find the mean, median, and mode Scores F 95-99 10 90-94 20 85-89 25 80-84 28 75-79 12 70-74 8
for the dataset c(1,2,2,2,4,5,6,6,7,8,9,9), what is the 75% or .75 quantile?
Statistics Question
The number of car sales made per week for each car salesman of a company is listed below: 1, 1, 3, 4, 5, 6, 6, 6, 7, 8, 9 Calculate the median number of car sales for an employee. O 7 sales 5.5 sales O 5 sales 6 sales A circular pool is 16 feet in diameter and 48 inches deep. How many liters would it take to fill the pool? There's 0.001 cubic meters in one liter, and one inch equals 2.54 centimeters O 936.09 liters O 264.27 liters O 35469.10 liters 22773.81 liters
Abdomen data: 83.0, 87.9, 85.2, 88.6, 77.1, 85.3, 100.0, 94.4, 81.9, 88.5, 82.5, 100.5, 76.5, 86.4, 90.7, 83.6, 106.8, 77.6, 102.9, 90.9, 79.7, 73.9, 79.1, 72.8, 88.2, 100.1, 89.6, 95.9, 98.8, 76.3, 83.5 105.0, 90.8, 83.5, 84.5 101.8, 76.6, 76.4, 88.7, 92.4, 81.2, 91.6, 97.5, 80.0, 88.7, 100.5, 95.6, 92.1, 96.4, 74.6, 83.4, 106.0, 96.4, 92.8, 95.1, 90.4, 100.4, 115.9, 90.8, 81.9, 75.0, 90.3, 90.3, 108.8, 79.4, 83.2, 110.3, 91.6, 92.7, 76.0, 79.5, 86.1, 104.5, 104.6 Assume that the abdomen circumference of males have a distribution that isapproximately bell-shaped. Using the mean (= 89.7) and standard deviation (=9.9) as estimates of the population mean and standard deviation, a. Construct a diagram, using the Empirical Rule, to illustrate the percentagesof data values in each of the 8 sections that diagram includes.b. Between what two measurements will about 95% of the abdomencircumferences fall?
The table to the right shows data found at a government census website, under a "Did You Know" panel. What type of data source is the information presented here based on? Private Sector Total Employment in a State All 2008 Q2 2009 Q2 Change Female 537,290 517,948 −3.6% Male 504,214 477,491 −5.3% Retail Trade Female 168,942 146,473 −13.3% Male 162,502 144,302 −11.2% Question content area bottom Part 1 Choose the correct answer below. A. The information is the outcome of an experiment that was conducted. B. The information is the result of an observational study that was conducted. C. The information is the result of a survey that was conducted. D. The information is collected via ongoing business activities. E. The information is distributed by an organization or individual.

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