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Kryger [21]
4 years ago
9

the mean monthly rent for a sample of studio apartments in one city is $1260 with a standard deviation of $230. the monthly rent

s for eight more studio apartments in the city are listed. using the sample statistics above, determine which of the data values are unusual. are any of the data values very unusual? explain. (assume the data set has a bell-shaped distribution.) $1099, $1651, $1743, $1973, $846, $1789, $1398, $685
Mathematics
1 answer:
il63 [147K]4 years ago
5 0

Answer:

$1743, $1973, $1789 and $685 are unusual data values. $1973 is very unusual data value.

Step-by-step explanation:

The data values will be unusual if the data values more than 2 standard deviations away from mean.

mean=1260

standard deviation=230

mean-2*standard deviation

1260-2*230

800

mean+2*standard deviation

1720

mean±2*standard deviation=(800,1720)

The values that don't lie in this interval will be unusual.

mean-3*standard deviation

1260-3*230

570

mean+3*standard deviation

1260+3*230

1950

mean±3*standard deviation=(570,1950)

The values that don't lie in this interval will be very unusual.

$1099 lies in the interval mean±2*standard deviation and so it is within the two standard deviation away from mean. So, $1099 is not unusual.

$1651 lies in the interval mean±2*standard deviation and so it is within the two standard deviation away from mean. So, $1651 is not unusual.

$1743 don't lie in the interval mean±2*standard deviation and so it is more than the two standard deviation away from mean. So, $1743 is unusual.

$1973 don't lie in the interval mean±2*standard deviation and so it is more than the two standard deviation away from mean. So, $1973 is unusual. Also,  $1973 don't lie in the interval mean±3*standard deviation and so it is more than the three standard deviation away from mean. So, $1973 is very unusual.

$846 lies in the interval mean±2*standard deviation and so it is within the two standard deviation away from mean. So, $846 is not unusual.

$1789 don't lie in the interval mean±2*standard deviation and so it is more than the two standard deviation away from mean. So, $1789 is unusual.

$1398 lies in the interval mean±2*standard deviation and so it is within the two standard deviation away from mean. So, $1398 is not unusual.

$685 don't lie in the interval mean±2*standard deviation and so it is more than the two standard deviation away from mean. So, $685 is unusual.

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