Concept explainers
(a)
To calculate:
Price occurred with the greatest frequency.
(a)
Answer to Problem 7E
Price that has greatest frequency is
Explanation of Solution
Given information:
Line plot showing a sample of average prices of unleaded regular gasoline in
Calculation:
The given line plot is:
This line plot shows a sample of average prices of unleaded regular gasoline in
In order to find out the Price occurred with the greatest frequency.
From the given line plot is verify that the price that has greatest frequency is
(b)
To calculate:
Range of price.
(b)
Answer to Problem 7E
Range of price is
Explanation of Solution
Given information:
Line plot showing a sample of average prices of unleaded regular gasoline in
Calculation:
The given line plot is:
This line plot shows a sample of average prices of unleaded regular gasoline in
In order to find out the range of price,
We need to subtract smallest data value and greatest data value so it becomes,
Thus range of price is
Chapter B Solutions
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