Listed below are selling prices in dollars of TVs that are 60 inches or larger and rated as a "best buy" by Consumer Reports magazine. Are the measures of variation likely to be typical for all TVs that are 60 inches or larger?
1800 1500 1200 1500 1400 1600 1500 950 1600 1150 1500 1750
Find the range, variance, and standard deviation for the given sample data. Include appropriate units (such as "minutes") in your results. (The same data were used in Section 3-1, where we found measures of center. Here we find measures of variation.) Then answer the given questions.