A new car with a $38,000 list price can be bought for different prices from different dealers.
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A new car with a $38,000 list price can be bought for different prices from different dealers. In one city the car can be bought for $36,400 from 2 dealers, for $36,000 from 1 dealer, for $35,600 from 3 dealers, for $35,200 from 2 dealers, and for $35,000 from 2 dealers. Compute the mean and standard deviation of this sample of car prices?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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