Math Problem Statement

Cost of notebooks for these sample prizes: 7.95 9.98 5.58 4.99 10.75 6.25 7.63 8.50 8.88 please give the mean, median mode, range, mid range, standard deviation ,varian and coefficient of variation

Solution

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Math Problem Analysis

Mathematical Concepts

Descriptive Statistics
Measures of Central Tendency
Measures of Dispersion

Formulas

Mean = (Σx) / n
Median = middle value of the ordered data
Mode = most frequent value
Range = max - min
Midrange = (max + min) / 2
Variance = Σ(x - mean)^2 / n
Standard Deviation = √Variance
Coefficient of Variation = (Standard Deviation / Mean) * 100

Theorems

No specific theorems involved; general statistical calculations.

Suitable Grade Level

Grades 9-12