Are there outliers or unusual data values


The following are monthly rents paid by 30 students who live off-campus.

730 730 730 930 700 570

690 1030 740 620 720 670

560 740 650 660 850 930

600 620 760 690 710 500

730 800 820 840 720 700

Find the mean, median, mode, and standard deviation.

Describe the typical rent paid by a student.

Do the measures of central tendency agree? Explain.

Sort and standardize the data.

Are there outliers or unusual data values?

Do you think the data could come from a normal population?

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Microeconomics: Are there outliers or unusual data values
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