# The amount spent on textbooks for the fall term was recorded for a sample of five university

## Question:

The amount spent on textbooks for the fall term was recorded for a sample of five university students. The following data were observed: $400, $350, $600, $525, and $450.

Calculate each of the following values for this data:

a. The sample mean

b. The sample median

c. The sample range

d. The standard deviation

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## Step by Step Answer:

**Related Book For**

## Statistics For Business And Economics

**ISBN:** 9781292227085

13th Global Edition

**Authors:** Terry Sincich James Mcclave, P. George Benson