An economist is interested in the number of cash people carry in their wallets during the day. She positions a graduate student in a popular street in New York City, and the student randomly asks people passing the street how much cash they happen to carry. The data are the following:Xi: 100, 5, 12, 17, 12, 9, 3, 12, 54, 23, 15, 75 Find the range, variance, and standard deviation. Describe the kurtosis and skewness of the distribution.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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An economist is interested in the number of cash people carry in their wallets during the day. She positions a graduate student in a popular street in New York City, and the student randomly asks people passing the street how much cash they happen to carry. The data are the following:Xi: 100, 5, 12, 17, 12, 9, 3, 12, 54, 23, 15, 75

Find the range, variance, and standard deviation.

Describe the kurtosis and skewness of the distribution.

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