QuestionFind the range, variance, and standard deviation of the top 10 TV personalities' salaries: 39, 38, 36, 30, 20, 19, 18, 17, 16.7, 15.6. What does this say about salary variation in general? The range is \$ \square million.
Studdy Solution
Calculate the standard deviation of the salaries.
The range of the sample data is \$23. million, the variance is \$92.35 million, and the standard deviation is \$9.61 million. We cannot make any assumptions about the variation of salaries of TV personalities in general based on this sample data, as it only represents the top10 salaries and not the entire population of TV personalities.
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