Pregunta
- The mean monthly rent for a sample of studio apartments in one city is
with a
standard deviation of
. The monthly rents for eight more studio apartments in the city a
listed. Using the sample statistics above, determine which of the data values are unusual. Are
any of the data values very unusual? Explain. (Assume the data set has a bell-shaped
distribution.)
standard deviation of
listed. Using the sample statistics above, determine which of the data values are unusual. Are
any of the data values very unusual? Explain. (Assume the data set has a bell-shaped
distribution.)
Ask by Black Hobbs. in the United States
Jan 23,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
The unusual rents are $1,536, $601, $1,774, and $428.
Solución

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Respondido por UpStudy AI y revisado por un tutor profesional
Como
Mind Expander
To determine which of the data values are unusual, we can use the mean and standard deviation provided. Since the data is assumed to be normally distributed, we can identify unusual values as those that fall more than 2 standard deviations from the mean. The mean
is $1100 and the standard deviation
is $210.
Calculating the cutoff for unusual values:
- Lower bound:
- Upper bound:
Now, we can check the new apartment rent values against these boundaries:
- $1774 (greater than $1520 - very unusual)
- $1536 (greater than $1520 - very unusual)
- $1341 (within range - not unusual)
- $428 (less than $680 - very unusual)
- $601 (less than $680 - very unusual)
- $1062 (within range - not unusual)
- $947 (within range - not unusual)
- $796 (within range - not unusual)
In summary, the rents of $1774, $1536, $428, and $601 are considered unusual, with the first two being very unusual due to being significantly above the average, while the latter two are very unusual for being well below the average.
Remember, in statistics, unusual is just a fun way to say “outlier,” and spotting these can help us understand the data better!

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