Question: Problem 1 (20 points)- 4 points each question The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in n
Problem 1 (20 points)- 4 points each question The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in n U.S. cities (The Wall Street Journal, January 16, 2004). The average hotel room rates for 20 cities are as follows: Atlanta $163 Boston 177 Chicago 166 Cleveland 126 Dallas 123 Denver 120 Detroit 144 Houston 173 Los Angeles 160 Miami 192 Minneapolis $125 New Orleans 167 New York 245 Orlando 146 Phoenix 139 Pittsburgh 134 San Francisco 167 Seattle 162 St. Louis 145 Washington, D.C. 207 a) What is the mean hotel room rate? b) What is the median hotel room rate? c) What is the mode? d What is the first quartile? What is the meaning of first quartile? e) What is the third quartile? What is the meaning of first quartile
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