With the rise in fuel costs, the price unit cost of the majority of beef products...

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With the rise in fuel costs, the price unit cost of the majorityof beef products have increased, you are interested in the cost of700kg fillet. The price of a 700g fillet steak in dollars was takenfrom the menus of 30 restaurants. The prices are as follows:

148 , 95 , 150 , 125 , 75 , 185 , 105 , 165 , 139 , 185

205 , 126 , 144 , 95 , 151 , 310 ,110 , 99 , 180 , 146

70 , 148, 160 , 138 , 89 , 146 , 180 , 170 , 123 , 170

a. Calculate and interpret the mean, median and modal price of700 fillet steak meal from the 30 menus of the samplesrestaurants.

b. Calculate the standard deviation, coefficient ofvariation,

c. Calculate the quartile deviation of prices

Answer & Explanation Solved by verified expert
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a Mean Sum ofterms Numberofterms 4332 30 1444the mean price of 700 fillet steak meal from the 30menus of the samples restaurants is 1444The median is the middle number in a sorted list of numbers Soto find the    See Answer
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