A Museum Curator Was Interested in People's Responses to Art

question 16

Essay

A museum curator was interested in people's responses to art. She therefore had seven people indicate their liking for a particular piece of Egyptian sculpture. Their ratings were as follows: 2, 4, 4, 5, 6, 7, 7.
Figure the mean, median, mode, variance, and standard deviation for this group of scores.
Explain what you have done and what the results mean to a person who has never had a course in statistics.

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Definitions:

Cost of Goods Sold

Costs directly connected to the creation of a company's sold goods, covering materials and workforce expenses.

Profit Center

A branch or division of a company that is responsible for its own revenues and expenses, and thus its own profitability.

Generates Revenues

The process of creating income for a business through various activities such as sales, services, and investments.

Cost Center

A department or segment within a business that does not directly generate revenue but incurs costs, used for performance evaluation and budgeting.