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Listed below are the top 10 annual salaries​ (in millions of​ dollars) of TV personalities. Find...

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Question

Statistics

Listed below are the top 10 annual salaries​ (in millions of​dollars) of TV personalities. Find the​ range, variance, andstandard deviation for the sample data. Given that these are thetop 10​salaries, do we know anything about the variation ofsalaries of TV personalities in​ general?

38
37
36
29
20
17
15
14
13.6
12.3

The range of the sample data is

​$nothing

million. ​(Type an integer or a​ decimal.)

The variance of the sample data is

nothing.

​(Round to two decimal places as​ needed.)

The standard deviation of the sample data is

​$nothing

million.

​(Round to two decimal places as​ needed.)

Is the standard deviation of the sample a good estimate of thevariation of salaries of TV personalities in​ general?

A.

​Yes, because the standard deviation is an unbiasedestimator.

B.

​Yes, because the sample is random.

C.

​No, because there is an outlier in the sample data.

D.

​No, because the sample is not representative of the wholepopulation.

Answer & Explanation Solved by verified expert
3.6 Ratings (506 Votes)
Solution Given that 3837362920171514136123 The range of the sample data is 257ExplanationThe    See Answer
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