×
Log in to StudySoup
Get Full Access to Statistics - Textbook Survival Guide
Join StudySoup for FREE
Get Full Access to Statistics - Textbook Survival Guide

In Exercises, find the range, variance, and standard

Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola ISBN: 9780321836960 18

Solution for problem 5BSC Chapter 3.3

Elementary Statistics | 12th Edition

  • Textbook Solutions
  • 2901 Step-by-step solutions solved by professors and subject experts
  • Get 24/7 help from StudySoup virtual teaching assistants
Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola

Elementary Statistics | 12th Edition

4 5 1 355 Reviews
31
1
Problem 5BSC

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.

Top 10 Celebrity Incomes Listed below are the earnings (in millions of dollars) of the celebrities with the 10 highest incomes in a recent year. The celebrities in order are Steven Spielberg, Howard Stern, George Lucas, Oprah Winfrey, Jerry Seinfeld, Tiger Woods, Dan Brown, Jerry Bruckheimer, J. K. Rowling, and Tom Cruise. Can this “Top 10” list be used to learn anything about the standard deviation of the annual earnings of all celebrities?

Step-by-Step Solution:
Step 1 of 3

Solution 5BSC

From the given information, the earnings (in millions of dollars) of the celebrities with the 10 highest incomes in a recent year are.

From the given information, maximum data value is $332 million and minimum value is $67 million. We know that range of the given set of sample values found as follows:

Therefore, the range of the given set of observations is $265 million.

From the given information,. We know that variance of given set of sample value found as follows:

Step 2 of 3

Chapter 3.3, Problem 5BSC is Solved
Step 3 of 3

Textbook: Elementary Statistics
Edition: 12
Author: Mario F. Triola
ISBN: 9780321836960

Unlock Textbook Solution

Enter your email below to unlock your verified solution to:

In Exercises, find the range, variance, and standard

×
Log in to StudySoup
Get Full Access to Statistics - Textbook Survival Guide
Join StudySoup for FREE
Get Full Access to Statistics - Textbook Survival Guide
×
Reset your password