The file HoteIUK contains the room price (in $) paid by U.S. travelers in six British cities

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The file HoteIUK contains the room price (in $) paid by U.S. travelers in six British cities in 2009:
185 160 126 116 112 105
a. Compute the mean, median, and mode.
b. Compute the range, variance, and standard deviation.
c. Based on the results of (a) and (b), what conclusions can you reach concerning the room price (in $) paid by U.S. travelers in 2009?
d. Suppose that the first value was 85 instead of 185. Repeat (a) through (c), using this value. Comment on the difference in the results.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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