(Solved): (a) Calculate the mean and standard deviation for this data set (in millions of dollars). (Round yo ...

(a) Calculate the mean and standard deviation for this data set (in millions of dollars). (Round your answers to four decimal places.) $\begin{array}{lll}r& \$& \times \text{ million }\\ \text{ standard deviation }& \$& \times \text{ million }\end{array}$ (b) Delete the ohservations for New York and Los Angeles and recalculate the mean and standard deviation (in millions of dollars). (Round your answers to four decimal places.) mei standard deviation $\$$ $\$$ $?$ million $x$ million Compare this mean and standard deviation to the values calculated in part (a). When New York and Los Angeles were excluded from the data set, the mean and the standard deviation What does this suggest about using the mean and standard deviation as measures of center and variability for a data set with outliers? This suggests that using the mean and standard deviation as measures of center and variability for data sets with outliers present , because outliers a significant impact on those measures.