An institute published data on repair costs for cars involved in different types of accidents. In one study, seven different models of mini- and micro-cars were driven at 6 mph straight into a fixed barrier. The following table gives the cost of repairing damage to the bumper for each of the seven models.
Model | Repair Cost |
---|---|
Smart Fortwo | $1,480 |
Chevrolet Aveo | $1,079 |
Mini Cooper | $2,295 |
Toyota Yaris | $1,683 |
Honda Fit | $1,122 |
Hyundai Accent | $3,475 |
Kia Rio | $3,708 |
(a)
Compute the values of the variance and standard deviation. (Round your variance to the nearest whole number and round you standard deviation to the nearest cent.)
variance:-----$
standard deviation:-------$
The statistic software output for this problem is:
Variance : $1178108
Standard deviation : $1085.41
An institute published data on repair costs for cars involved in different types of accidents. In...