From Amazon.com, the prices of 10 varieties of orange juice (59- to 64-ounce containers) sold were recorded:
Question:
From Amazon.com, the prices of 10 varieties of orange juice (59- to 64-ounce containers) sold were recorded: $3.88, $2.99, $3.99, $2.99, $3.69, $2.99, $4.49, $3.69, $3.89, $3.99.
a. Find and interpret the mean price of orange juice sold on this site. Round to the nearest cent.
b. Find the standard deviation for the prices. Round to the nearest cent. Explain what this value means in the context of the data.
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a The mean price of orange juice sold on this site can be calculated by adding up the prices of all ...View the full answer
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Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780135163146
3rd Edition
Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan
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