Compare and Contrast Methods of Summarizing and Describing Data
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question 71

Multiple Choice

Compare and contrast methods of summarizing and describing data
Use the spreadsheet below to answer the following question(s) .
Below is the table showing rate of shoes sold per day and the highest-priced shoe sold that day for a one-week period. The rate of shoes sold per day (X) and the price of the shoes (Y) . $$\begin{array}{l}\begin{array} { | l | l | } \hline\text { Shoes sold }\\ \text { in \% (X) } & \text { Price (Y) } \\\hline 15 & \$ 48 \\\hline 27 & \$ 55 \\\hline 10 & \$ 40 \\\hline 13 & \$ 88 \\\hline 25 & \$ 53 \\\hline 9 & \$ 47 \\\hline 18 & \$ 40 \\\hline & \\\hline\end{array}\end{array}$$
-Use Excel to calculate the standard deviation for Y.

• A) 49.57
• B) 16.47
• C) 7.04
• D) 2.6

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Definitions:

American Merchants

Individuals from the United States engaged in domestic and international trade, playing a crucial role in the economic development and expansion of America, especially from the colonial period through the 19th century.

Trade With China

The commercial exchanges between China and other countries, encompassing goods, services, technology, and cultural products, pivotal for global economic dynamics.

Jefferson's Agrarian Vision

Thomas Jefferson's ideal of a democracy supported by the widespread ownership of small farms, valuing agrarian life as the backbone of the American economy and democracy.

Missouri Compromise

An 1820 agreement in the United States Congress that admitted Missouri as a slave state and Maine as a free state, maintaining the balance of power between North and South in the Senate.