Question: The file Fast food contains the amount that a sample of 15 customers spent for lunch ($) at a fast-food restaurant: 7.42 6.29 5.83 6.50

The file Fast food contains the amount that a sample of 15 customers spent for lunch ($) at a fast-food restaurant:
7.42 6.29 5.83 6.50 8.34 9.51 7.10 6.80 5.90
4.89 6.50 5.52 7.90 8.30 9.60
a. Compute the mean and median.
b. Compute the variance, standard deviation, range, and co-efficient of variation.
c. Are the data skewed? If so, how?
d. Based on the results of (a) through (c), what conclusions can you reach concerning the amount that customers spent for lunch?

Step by Step Solution

3.42 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a b Cost Mean 7093333 Median 68 Mode 65 Standard Deviation 1406031 Sample Variance 1976924 R... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

772-M-S-D-A (7877).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!