Math Problem Statement
Listed below are the amounts (dollars) it costs for marriage proposal packages at different baseball stadiums. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. Are there any outliers, and are they likely to have much of an effect on the measures of variation? 36
50
50
60
65
95
95
115
190
217
250
325
400
1750
2500
Solution
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Math Problem Analysis
Mathematical Concepts
Descriptive Statistics
Measures of Spread
Outliers
Formulas
Range = max value - min value
Sample variance s^2 = (1 / (n-1)) * Σ(x_i - mean)^2
Sample standard deviation s = √variance
Theorems
Outlier Detection via Interquartile Range (IQR)
3-Sigma Rule for Outliers
Suitable Grade Level
Grades 10-12
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