Question
Traveler Spending The data show the traveler spending in billions of dollars for a recent year for a sample of the states. Round your answers to two decimal places. \[ \begin{array}{llllllllll}20.9 & 33.1 & 21.8 & 58.5 & 23.5 & 110.9 & 30.4 & 24.9 & 74.1 & 60.3 \\ 4\end{array} \] Send data to Excel Part: \( \mathbf{0} / \mathbf{3} \) Part 1 of 3 Find the range. The range is
Ask by Olson Fowler. in the United States
Jan 23,2025
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Tutor-Verified Answer
Answer
The range is **90.00** billion dollars.
Solution
To find the **range** of the traveler spending data, follow these steps:
1. **Identify the Maximum and Minimum Values:**
- **Maximum Spending:** \$110.9 billion
- **Minimum Spending:** \$20.9 billion
2. **Calculate the Range:**
\[
\text{Range} = \text{Maximum} - \text{Minimum} = 110.9 - 20.9 = 90.0
\]
3. **Round to Two Decimal Places:**
\[
\text{Range} = 90.00 \text{ billion dollars}
\]
**Answer:**
The range is **90.00** billion dollars.
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Bonus Knowledge
To find the range of the traveler spending data, you subtract the smallest value from the largest value in your dataset. First, identify the maximum and minimum values: - Maximum value: 110.9 - Minimum value: 20.9 Now, calculate the range: Range = Maximum - Minimum = 110.9 - 20.9 = 90.0 So, the range is **90.00 billion dollars**. Make sure you enter the data into Excel correctly to visualize and analyze further!