The following data show the monthly rental price (in $) for a random sample of one-bedroom apartments in York, Pennsylvania: 600 760 660 755 675 780 690 785 720 840 755 615 775 660 780 680 780 700 810 725 Answer the following questions: a) Compute the Mean and the Median of the monthly rental price for one-bedroom apartment in York, Pennsylvania. What can you say about the skewness of this data set? b) Compute the sample standard deviation of monthly rental price for one-bedroom apartment in York, Pennsylvania. c) Using Empirical Rule, find the 95.4% Interval for the monthly rental price.

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The following data show the monthly rental price (in $) for a random sample of one-bedroom apartments in York, Pennsylvania:
600
760
660
755
675
780
690
785
720
840
755
615
775
660
780
680
780
700
810
725
Answer the following questions:
a) Compute the Mean and the Median of the monthly rental price for one-bedroom apartment in York, Pennsylvania. What
can you say about the skewness of this data set?
b) Compute the sample standard deviation of monthly rental price for one-bedroom apartment in York, Pennsylvania.
c) Using Empirical Rule, find the 95.4 % Interval for the monthly rental price.
d) Construct a frequency distribution table for this data (use 5 classes) and add the Cumulative Percentage Display.
Transcribed Image Text:The following data show the monthly rental price (in $) for a random sample of one-bedroom apartments in York, Pennsylvania: 600 760 660 755 675 780 690 785 720 840 755 615 775 660 780 680 780 700 810 725 Answer the following questions: a) Compute the Mean and the Median of the monthly rental price for one-bedroom apartment in York, Pennsylvania. What can you say about the skewness of this data set? b) Compute the sample standard deviation of monthly rental price for one-bedroom apartment in York, Pennsylvania. c) Using Empirical Rule, find the 95.4 % Interval for the monthly rental price. d) Construct a frequency distribution table for this data (use 5 classes) and add the Cumulative Percentage Display.
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