From Amazon.com, the prices of 10 varieties of orange juice (59- to 64-ounce containers) sold were recorded:

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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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Related Book For  book-img-for-question

Introductory Statistics Exploring The World Through Data

ISBN: 9780135163146

3rd Edition

Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan

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