Quesition is attached thanks! The following data represent the 2011 guaranteed salaries (in thousands of dollars) of the head coaches of the final eight teams inthe 2011 NCAA Men's Basketball Championship. The data represent the 2011 salaries of basketball coaches of the followinguniversities, entered in that order: Arizona, Butler, Connecticut, Florida, Kansas, Kentucky, North Carolina, and VirginiaCommonwealth. (Source: www.usatoday.com)1950 434 2300 3575 3376 3800 1655 418Compute the range, variance and standard deviation for these data.Round your answers to the nearest integer, where appropriate.Range = $ i!Variance = iStandard deviation = $ i

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Description: Quesition is attached thanks! The following data represent the 2011 guaranteed salaries (in thousands of dollars) of the head coaches of the final eight teams inthe 2011 NCAA Men's Basketball Championship. The data represent the 2011 salaries of bask

Answered: The following data represent the 2011…

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Quesition is attached thanks!

The following data represent the 2011 guaranteed salaries (in thousands of dollars) of the head coaches of the final eight teams in
the 2011 NCAA Men's Basketball Championship. The data represent the 2011 salaries of basketball coaches of the following
universities, entered in that order: Arizona, Butler, Connecticut, Florida, Kansas, Kentucky, North Carolina, and Virginia
Commonwealth. (Source: www.usatoday.com)
1950 434 2300 3575 3376 3800 1655 418
Compute the range, variance and standard deviation for these data.
Round your answers to the nearest integer, where appropriate.
Range = $ i
!
Variance = i
Standard deviation = $ i

Expert Solution

Step 1

Given:

Data:

1950, 434, 2300, 3575, 3376, 3800, 1655, 418

Range: It is the difference between the lowest and the highest values of the data.

Here, highest value = 3800

Lowest value = 418

Range = 3800 - 418 = 3382

Range=$ 3382

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