Question: Calculate descriptive statistics (mean, median, range, standard deviation, and coefficient of variation) to summarize each of the three variables for the all Domestic and Foreign

  1. Calculate descriptive statistics (mean, median, range, standard deviation, and coefficient of variation) to summarize each of the three variables for the all Domestic and Foreign cars.
    • Use z-scores to determine if there any outliers in the data set for any of the three variables. If there are any outliers in any category, please list them and state for which category they are an outlier.
    • If a result is an outlier, state whether it is below or above the mean.
    • How can one use the above descriptive statistics to understand the Domestic car market better?
    • Could there be any other descriptive statistics that can help one understand the Domestic car market better?

Calculate descriptive statistics (mean, median, range, standard deviation, and coefficient of variation)to summarize each of the three variables for the all Domestic and

\fDomestic Cars List Foreign Cars Price in Pricein Days to Price in Price in Days to Car Sell

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