The Houston, Texas, Motel Owner Association conducted a survey regarding weekday motel rates in the area. Listed
Question:
The Houston, Texas, Motel Owner Association conducted a survey regarding weekday motel rates in the area. Listed below is the room rate for business-class guests for a sample of 10 motels.
a. Compute the sample variance.
b. Determine the sample standarddeviation.
Transcribed Image Text:
$101 $97 S$103 $110 $78 S87 S101 $80 $106 S88
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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