Question

Find the RANGE, VARIANCE & STANDARD DEVIATION.

17. Diamond Ring Listed below are the amounts (dollars) it costs for marriage proposal pack- ages at the different Major League Baseball stadiums. Five of the teams don't allow proposals. Are there any outliers, and are they likely to have much of an effect on the measures of variation? 39 50 50 50 55 55 75 85 100 115 175 175 200 209 250 250 350 400 450 500 500 500 500 1500 2500

Answer 1

Solubon: Ramge= Narimum- Nimimun 2 500-39 2461 For varian ce, ut Calaulate meam () dis X= 39 +Sot Sot- 9133 36S-32 IS00+ 2 S00 25 25 Variamce E (x - ) N RE .(2 5oo-965. 3 2 (39- 365.32) + 2 5 97878 4. 38 ed agt 3tamdard dev iahion Vvaiam ce 218384 3 52 8.00