Solution Found!
In Exercises, find the range, variance, and
Chapter 3, Problem 11BSC(choose chapter or problem)
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?
Questions & Answers
QUESTION:
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?
ANSWER:
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: