The range of the sample data is 182182 dollars.dollars. (Round to one decimal place as needed.) Part 2 The standard deviation of the sample data is 83.883.8 dollars.dollars. (Round to one decimal place as needed.) Part 3 The variance of the sample data is enter your response here ▼ nights squared .nights2. nights.nights.
The range of the sample data is 182182 dollars.dollars. (Round to one decimal place as needed.) Part 2 The standard deviation of the sample data is 83.883.8 dollars.dollars. (Round to one decimal place as needed.) Part 3 The variance of the sample data is enter your response here ▼ nights squared .nights2. nights.nights.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
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?
|
240
|
82
|
93
|
259
|
88
|
192
|
86
|
264
|
|
Question content area bottom
Part 1
The range of the sample data is
182182
dollars.dollars.
(Round to one decimal place as needed.)
Part 2
The standard deviation of the sample data is
83.883.8
dollars.dollars.
(Round to one decimal place as needed.)
Part 3
The variance of the sample data is
enter your response here
▼
nights squared .nights2.
nights.nights.
dollars squared .dollars2.
dollars.dollars.
(Round to one decimal place as needed.)
Expert Solution
Step 1
Given:
The data on prices in dollars for one night at different hotels is given :
|
240
|
82
|
93
|
259
|
88
|
192
|
86
|
264
|
Measures of variation represents the degree of spread in the data and also helps to understand how the degree to which data values are spread can be assessed using simple measures to best represent the variability in the data. Commonly used measures of dispersion are Range, Inter quartile range, variance and standard deviation.
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