Compute the mean price for models with a DVD player and the mean price for mod- els without a DVD player. What is the additional price paid to have a DVD player included in a home theater unit? a. b. Compute the range, variance, and standard deviation for the two samples. What does this information tell you about the prices for models with and without a DVD player?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 27PPS
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17. A home theater in a box is the easiest and cheapest way to provide surround sound for a
home entertainment center. A sample of prices is shown here (Consumer Reports Buying
Guide, 2004). The prices are for models with a DVD player and for models without a
DVD player.
Models with DVD Player
Price
Models without DVD Player
Price
$450
300
400
500
400
Pioneer HTP-230
Sony HT-DDW750
Kenwood HTB-306
RCA RT-2600
Kenwood HTB-206
$300
300
360
290
300
Sony HT-1800DP
Pioneer HTD-330DV
Sony HT-C80ODP
Panasonic SC-HT900
Panasonie SC-MTI
Compute the mean price for models with a DVD player and the mean price for mod-
els without a DVD player. What is the additional price paid to have a DVD player
included in a home theater unit?
b. Compute the range, variance, and standard deviation for the two samples. What does
this information tell you about the prices for models with and without a DVD player?
a.
Transcribed Image Text:17. A home theater in a box is the easiest and cheapest way to provide surround sound for a home entertainment center. A sample of prices is shown here (Consumer Reports Buying Guide, 2004). The prices are for models with a DVD player and for models without a DVD player. Models with DVD Player Price Models without DVD Player Price $450 300 400 500 400 Pioneer HTP-230 Sony HT-DDW750 Kenwood HTB-306 RCA RT-2600 Kenwood HTB-206 $300 300 360 290 300 Sony HT-1800DP Pioneer HTD-330DV Sony HT-C80ODP Panasonic SC-HT900 Panasonie SC-MTI Compute the mean price for models with a DVD player and the mean price for mod- els without a DVD player. What is the additional price paid to have a DVD player included in a home theater unit? b. Compute the range, variance, and standard deviation for the two samples. What does this information tell you about the prices for models with and without a DVD player? a.
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