Car rental rates per day for a sample of seven Eastern US cities are as follows
ID: 2922170 • Letter: C
Question
Car rental rates per day for a sample of seven Eastern US cities are as follows (The Wall Street Journal, January 16, 2004).
City
Daily Rate
Boston
$43
Atlanta
35
Miami
34
New York
58
Orlando
30
Pittsburgh
30
Washington, D.C.
36
Compute the mean, median, mode for the car rental rates.
Compute the 47th percentile, first quartile, second quartile, and third quartile.
Compute the range, interquartile range, variance, standard deviation, and coefficient of variation of the car rental rates.
Compute the z-score for the rental rate in Orlando.
(PLEASE SHOW ALL WORK)
City
Daily Rate
Boston
$43
Atlanta
35
Miami
34
New York
58
Orlando
30
Pittsburgh
30
Washington, D.C.
36
Explanation / Answer
Descriptive Statistics: Daily Rate
Variable Mean StDev Variance CoefVar Q1 Median Q3 Range IQR
Daily Rate 38.00 9.85 97.00 25.92 30.00 35.00 43.00 28.00 13.00
N for
Variable Mode Mode
Daily Rate 30 2