Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room? 168 88 246 130 90 76 102 The range of the sample data is (Round to one decimal place as needed.) The standard deviation of the sample data is (Round to one decimal place as needed.) The variance of the sample data is (Round to one decimal place as needed.) How useful are the measures of variation for someone searching for a room? OA The measures of variation are very useful because a person does not want to buy a room where the variation is too low OB. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more important than the amount of variation in the area OC. The measures of variation are very useful because a person does not want to buy a room where the variation is too high. O D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room?
168
88
246
130
146
90
76
102
...
The range of the sample data is
(Round to one decimal place as needed.)
The standard deviation of the sample data is
(Round to one decimal place as needed.)
The variance of the sample data is
(Round to one decimal place as needed.)
How useful are the measures of variation for someone searching for a room?
O A. The measures of variation are very useful because a person does not want to buy a room where the variation is too low.
O B. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more important than the amount of variation in the area.
O C. The measures of variation are very useful because a person does not want to buy a room where the variation is too high.
O D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless.
Transcribed Image Text:Listed below are prices in dollars for one night at different hotels in a certain region. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. How useful are the measures of variation for someone searching for a room? 168 88 246 130 146 90 76 102 ... The range of the sample data is (Round to one decimal place as needed.) The standard deviation of the sample data is (Round to one decimal place as needed.) The variance of the sample data is (Round to one decimal place as needed.) How useful are the measures of variation for someone searching for a room? O A. The measures of variation are very useful because a person does not want to buy a room where the variation is too low. O B. The measures of variation are not very useful because when searching for a room, low prices, location, and good accommodations are more important than the amount of variation in the area. O C. The measures of variation are very useful because a person does not want to buy a room where the variation is too high. O D. The measures of variation are not very useful because the values are nominal data that do not measure or count anything, so the resulting statistics are meaningless.
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Step 1

Given data is168,88,246,130,146,90,76,102sample size(n)=9

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