In Exercises, find the range, variance, and standard deviation for the given samph data. Include appropriate units (such as “minutes”) in your results. (The same data were used in Section 3-2 where we found measures of center. Here we find measures of variation.) Then answer the given questions.

Ghost Prices Listed below are the prices listed for Norton Ghost 14.0 software from these vendors: Newegg, Dell, Buycheapsoftware.com, PC Connection, Walmart, and Overstock.com. When trying to find the best deal, how helpful are the measures of variation?

Solution 11BSC

From the given information, the prices of Norton Ghost 14.0 software from the given vendors are

From the given information, maximum data value is $71.77 and minimum value is $48.92. We know that range of the given set of sample values found as follows:

Therefore, the range of the given set of observations is $22.85.

From the given information,....