Below You Are Given the Ages of a Sample of 10

question 91

Essay

Below you are given the ages of a sample of 10 college students who are enrolled in statistics.
a. Compute the mean.
b. Compute the variance.
c. Compute the standard deviation.
d. Compute the coefficient of variation.
e. Determine the 25th percentile.
f. Determine the median
g. Determine the 75th percentile.
h. Determine the range.

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Definitions:

Annual Payment

The amount of money that is paid once every year, either as an obligation, such as a loan repayment, or as part of a periodic agreement.

Installment Loan

A type of loan that is repaid over time with a set number of scheduled payments.

Annual Interest

The amount of interest paid or earned over a one-year period.

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.