Ita are used to compare currency exchange rates and the costs of goods in different countries. Fin for the given sample data. What do the measures of variation tell us about the prices of a Big Mac in different col 5.29 2.55 3.20 3.42 2.29 6.78 5.12 4.83 4.42 2.78 1.92 integer or decimal rounded to two decimal places as needed.) ard deviation is nteger or decimal rounded to two decimal places as needed.) he measures of variation tell us about the prices of a Big Mac in different countries? e range alone tells us that there are very small differences among prices of Big Mac hamburgers in different co e variance and standard deviation tell us that Big Macs have higher prices in wealthier countries.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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Question 13

Listed below in order are prices in dollars for a Big Mac hamburger in the United States, Canada, Mexico, China, Japan, Russia, Switzerland, Italy, Spain, Britain,
India, and Egypt. Such data are used to compare currency exchange rates and the costs of goods in different countries. Find the range, variance, and standard
deviation for the given sample data. What do the measures of variation tell us about the prices of a Big Mac in different countries?
5.27
5.29 2.55 3.20 3.42 2.29 6.78 5.12 4.83 4.42 2.78 1.92
The range is
(Type an integer or decimal rounded to two decimal places as needed.)
The variance is
(Type an integer or decimal rounded to two decimal places as needed.)
The standard deviation is
(Type an integer or decimal rounded to two decimal places as needed.)
What do the measures of variation tell us about the prices of a Big Mac in different countries?
O A. The range alone tells us that there are very small differences among prices of Big Mac hamburgers in different countries.
Transcribed Image Text:Listed below in order are prices in dollars for a Big Mac hamburger in the United States, Canada, Mexico, China, Japan, Russia, Switzerland, Italy, Spain, Britain, India, and Egypt. Such data are used to compare currency exchange rates and the costs of goods in different countries. Find the range, variance, and standard deviation for the given sample data. What do the measures of variation tell us about the prices of a Big Mac in different countries? 5.27 5.29 2.55 3.20 3.42 2.29 6.78 5.12 4.83 4.42 2.78 1.92 The range is (Type an integer or decimal rounded to two decimal places as needed.) The variance is (Type an integer or decimal rounded to two decimal places as needed.) The standard deviation is (Type an integer or decimal rounded to two decimal places as needed.) What do the measures of variation tell us about the prices of a Big Mac in different countries? O A. The range alone tells us that there are very small differences among prices of Big Mac hamburgers in different countries.
K
Listed below in order are prices in dollars for a Big Mac hamburger in the United States, Canada, Mexico, China, Japan, Russia, Switzerland, Italy, Spain, Britain,
India, and Egypt. Such data are used to compare currency exchange rates and the costs of goods in different countries. Find the range, variance, and standard
deviation for the given sample data. What do the measures of variation tell us about the prices of a Big Mac in different countries?
5.27 5.29 2.55 3.20 3.42 2.29 6.78 5.12 4.83 4.42 2.78 1.92
(Type an integer or decimal rounded to two decimal places as needed.)
The standard deviation is
(Type an integer or decimal rounded to two decimal places as needed.)
What do the measures of variation tell us about the prices of a Big Mac in different countries?
OA. The range alone tells us that there are very small differences among prices of Big Mac hamburgers in different countries.
OB. The variance and standard deviation tell us that Big Macs have higher prices in wealthier countries.
OC. The range alone tells us that there are very substantial differences among prices of Big Mac hamburgers in different countries.
OD. The variance and standard deviation tell us that Big Macs have lower prices in wealthier countries.
Transcribed Image Text:K Listed below in order are prices in dollars for a Big Mac hamburger in the United States, Canada, Mexico, China, Japan, Russia, Switzerland, Italy, Spain, Britain, India, and Egypt. Such data are used to compare currency exchange rates and the costs of goods in different countries. Find the range, variance, and standard deviation for the given sample data. What do the measures of variation tell us about the prices of a Big Mac in different countries? 5.27 5.29 2.55 3.20 3.42 2.29 6.78 5.12 4.83 4.42 2.78 1.92 (Type an integer or decimal rounded to two decimal places as needed.) The standard deviation is (Type an integer or decimal rounded to two decimal places as needed.) What do the measures of variation tell us about the prices of a Big Mac in different countries? OA. The range alone tells us that there are very small differences among prices of Big Mac hamburgers in different countries. OB. The variance and standard deviation tell us that Big Macs have higher prices in wealthier countries. OC. The range alone tells us that there are very substantial differences among prices of Big Mac hamburgers in different countries. OD. The variance and standard deviation tell us that Big Macs have lower prices in wealthier countries.
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