Compute the variance-standard deviation


The file contains the amount that a sample of nine customers spent for lunch ($) at a fast-food restaurant:

4.2 5.03 5.86 6.45 7.38 7.54 8.46 8.47 9.87

a. Compute the mean and median.

b. Compute the variance, standard deviation, range, and coefficient of variation.

c Are the data skewed? If so, how?

d. Based on the results of (a) through (c), what conclusions can you reach concerning the amount that customers spent for lunch?

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Basic Statistics: Compute the variance-standard deviation
Reference No:- TGS0752190

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