The following numbers represent gas prices, in dollars, in different cities in North Carolina. 2.149, 2.309, 2.189, 2.289, 2.209, 2.259, 2.299 a) Estimate the standard deviation using the range rule of thumb. (Enter an exact value, do not round) b) Find the standard deviation, using technology. (Round your answer to four decimal places)  c) Find the values that separate significantly low/high gas prices from those that are not significant. (Round your answers to four decimal places) Significant low: Answer  Significantly high: Answer

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

The following numbers represent gas prices, in dollars, in different cities in North Carolina. 2.149, 2.309, 2.189, 2.289, 2.209, 2.259, 2.299

a) Estimate the standard deviation using the range rule of thumb. (Enter an exact value, do not round)

b) Find the standard deviation, using technology. (Round your answer to four decimal places) 

c) Find the values that separate significantly low/high gas prices from those that are not significant. (Round your answers to four decimal places)

Significant low: Answer 

Significantly high: Answer

Expert Solution
Step 1

The question is about measures

Given :

Statistics homework question answer, step 1, image 1

 

To find :

a ) Value of std. deviation using range rule of thumb

b ) Value of std. deviation using technology

c ) Signif. low and signif. high values

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman