The Insurance Institute for Highway Safety conducted tests with crashes of new cars traveling at 6 mi/h.
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The Insurance Institute for Highway Safety conducted tests with crashes of new cars traveling at 6 mi/h. The total cost of the damages for a simple random sample of the tested cars are listed below. Based on these results, is damage of $10,000 unusual? Why or why not?
$7448 $4911 $9051 $6374 $4277
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 3-2 where we found measures of center. Here we find measures of variation.) Then answer the given questions.
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