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Mathematics, 05.02.2021 22:00 Laurenhahahahah
You want to buy a specific computer. A sales representative of the manufacturer claims that retail stores sell this computer at an average price of $1,249 with a very narrow standard deviation of $25. You find a website that has a price comparison for the same computer at a series of stores as follows:
$1,298; $1,229.96; $1,193.07; $1,279; $1,224.98; $1,229.97; $1,269.98; $1,248.
Can you argue that pricing has a larger standard deviation than claimed by the manufacturer?
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You want to buy a specific computer. A sales representative of the manufacturer claims that retail s...
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