The following 5-number summary is given for a quantitative variable measuring weekly tips in the service...
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The following 5-number summary is given for a quantitative variable measuring weekly tips in the service industry (in dollars): Min Q1 Median Q3 Max 50 73 102 128 244 Assuming that the data came from 200 observations, what is the approximate standard deviation? Answer to two decimal places as needed. 4 The following 5-number summary is given for a quantitative variable measuring weekly tips in the service industry (in dollars): Min Q1 Median Q3 Max 50 73 102 128 244 Assuming that the data came from 200 observations, what is the approximate standard deviation? Answer to two decimal places as needed. 4
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To approximate the standard deviation you can use the formula for the interquartile range IQR ... View the full answer
Related Book For
Business Statistics Communicating With Numbers
ISBN: 9781259957611
3rd Edition
Authors: Sanjiv Jaggia
Posted Date:
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