Business Statistics Assessment 1 : Statistics Questions

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Question4: (10 marks)

  • Below are monthly rents paid by 30 students who live off campus:
  • Find the mean, median, and mode.
  • Do the measures of central tendency agree? Explain.
  • Calculate the standard deviation.
  • Are there outliers or unusual data values?
  • Using the Empirical Rule, do you think the data could be from a normal population?

730

 730

730

930

700

570

690

1,030

740

620

720

670

560

 740

650

660

850

930

600

 620

760

690

710

500

730

 800

820

840

720

700

 

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