Question: You want to make a statement about the variability in the costs of shelters. After collecting sample data (cost in $K) on 7 shelters you

You want to make a statement about the variability in the costs of shelters. After collecting sample data (cost in $K) on 7 shelters you perform some preliminary calculations. Given the information provided: [Image Description: Xbar = $47.25K, Summation of (X i - Xbar)2 =555.50] 10132100 1 The variance is about $69.44K The coefficient of variation is about 20.36% The coefficient of variation is about 17.64% The standard deviation is about $79.36K

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