Assignment:
Consider the average price of a hotel room in 21 U.S. cities (Table) for the first half of 2015.
a. Find the average price of a major-city hotel room in the United States, based on this data set.
b. Find the sample standard deviation of these prices.
c. What does the standard deviation tell you about hotel prices in major cities in the United States?
| TABLE : Hotel Room Prices, Average by City |
| City |
Hotel Price |
| Atlanta |
$128 |
| Boston |
$213 |
| Chicago |
$179 |
| Columbus |
$123 |
| Dallas |
$136 |
| Denver |
$142 |
| Detroit |
$121 |
| Honolulu |
$226 |
| Houston |
$129 |
| Los Angeles |
$175 |
| Miami |
$216 |
| New Orleans |
$191 |
| New York |
$245 |
| Orlando |
$112 |
| Phoenix |
$125 |
| Raleigh |
$108 |
| Reno |
$85 |
| San Francisco |
$217 |
| Seattle |
$195 |
| St. Louis |
$140 |
| Washington, D.C. |
$173 |
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