The following sample data reflect electricity bills for ten households in San Diego in March.
Compute the range,variance,and standard deviation for these sample data.Discuss which of these three measures you would prefer to use as a measure of variation.
Definitions:
Hotel Costs
The expenses associated with lodging in a hotel, typically including the price per night, taxes, and fees.
Inequality
A mathematical statement that uses symbols to show that two quantities are not equal and involves relationships like less than, greater than, less than or equal to, and greater than or equal to.
Solve
The method of identifying a solution or resolution for a mathematical equation or problem.
Inequality
A mathematical statement illustrating the relationship between two expressions that are not equal, using symbols such as <, >, ≤, or ≥.
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