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(Solved): The accompanying data file shows the monthly rent (Rent) and square footage (Footage) for 40 rental ...




The accompanying data file shows the monthly rent (Rent) and square footage (Footage) for 40 rentals in a large college town.
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The accompanying data file shows the monthly rent (Rent) and square footage (Footage) for 40 rentals in a large college town. Click here for the Excel Data File a. Calculate the mean and the standard deviation for monthly rent. Note: Round final answers to the nearest whole number. b. Calculate the mean and the standard deviation for square footage. Note: Round final answers to the nearest whole number. c. Which variable exhibits greater relative dispersion as measured by the coefficient of variation? Note: Round final answers to three decimal places. C1 43 44 45 46


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Ans-(a) Mean Rent = Sum of Rent / Count = 48830/40 = 1221 Standard deviation Calcula
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