Solved

Cellphones ConsumerReports A Were Any of the Prices Outliers? Explain How You

Question 92

Essay

Cellphones ConsumerReports.org evaluated the price and performance of 99 models of cellphones. Computer output gives these summaries for the prices:  Min  Q1  Median  Q3  Max  MidRange  Mean  TrMean  SD 005020040020096.3690.21107.23\begin{array} { | c | c | c | c | c | c | c | c | c | } \hline \text { Min } & \text { Q1 } & \text { Median } & \text { Q3 } & \text { Max } & \text { MidRange } & \text { Mean } & \text { TrMean } & \text { SD } \\\hline 0 & 0 & 50 & 200 & 400 & 200 & 96.36 & 90.21 & 107.23 \\\hline\end{array}
a. Were any of the prices outliers? Explain how you made your decision.
b. One of the manufacturers advertises a cellphone "economy-priced at only $31.95".
Would you consider that to be a very low price? Explain.

Correct Answer:

verifed

Verified

\[\begin{array} { l }
\text { a. } \mat...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions