Statistics Homework Help

Use Cars04-HW6 data. Construct the Summary Statistic table for the retail price of all Volvo models column. Refer to task 4 of Lecture 13 on how to construct Summary Statistic Answer questions 7 to 10

Use Cars04-HW6 data. Construct the Summary Statistic table for the retail price of all Volvo models column. Refer to task 4 of Lecture 13 on how to construct Summary Statistic Answer questions 7 to 10.

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7. Which numbers describe the center of the data? Round to two decimal places (6.25 points)

  •  a. 1992.15
  •  b. 20075
  •  c. 25635
  •  d. 37526.67

8. How many Volvos are in this study? (6.25 points)

  •  a. 6
  •  b. 8
  •  c. 9
  •  d. 10

9. What is the approximate variation of the Volvo’s retail price? Round to two decimal places (6.25 points)

  •  a. 5976.45
  •  b. 5478.94
  •  c. 5039.12
  •  d. 1992.15

10. What was the lowest Volvo’s retail price recorded? Round to two decimal places (6.25 points)

  •  a. 42573
  •  b. 39876
  •  c. 35542
  •  d. 25635

Data: https://www.limes.one/Content/DataFiles/Cars04-HW6&5.txt