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. Listed below are the top 10 annual salaries in mions of dollars of TV personalities Find the range, variance, and standard
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Answer #1

The sample observation (x) is given as -

42 40 39 31 23 20 19 18 17.7 17.2

Number of observations = n = 10

Range = Maximum value - Minimum value = 42 - 17.2 =24.8           (Answer)

Before finding variance let us find mean first.

\small Mean = \overline x = \frac{1}{n}\sum x=\frac{1}{10}[42+40+..+17.2]=26.69

Now,

\small Sample \ Variance=\frac{1}{n-1}\sum (x-\overline x)^2

                                  \small =\frac{1}{10-1}[(42-26.69)^2+(40-26.69)^2+...(17.2-26.69)^2]=105.06         (Answer)

\small Sample \ Standard \ deviation = \sqrt{Sample \ Variance}=\sqrt{105.06}=10.25       (Answer)

A. No, because the sample is not representative of the whole population.

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