the vetrone family members are all cincinnati reds baseball fans. they went to five games last season. the…

the vetrone family members are all cincinnati reds baseball fans. they went to five games last season. the cost of each game, including parking, tickets, and food, is listed below. $266, $201, $197, $188, $162. 1. what is the mean cost per game attended? 2. what is the range? 3. what is the variance? 4. what is the standard deviation?
Answer
Explanation:
Step1: Calculate the mean
The mean $\bar{x}=\frac{\sum_{i = 1}^{n}x_{i}}{n}$, where $x_{i}$ are the data - points and $n$ is the number of data - points. Here, $n = 5$, $x_1=266$, $x_2 = 201$, $x_3=197$, $x_4=188$, $x_5=162$. $\bar{x}=\frac{266 + 201+197+188+162}{5}=\frac{1014}{5}=202.8$
Step2: Calculate the range
The range is the difference between the maximum and minimum values. The maximum value is $266$ and the minimum value is $162$. Range $=266 - 162=104$
Step3: Calculate the variance
The variance $s^{2}=\frac{\sum_{i = 1}^{n}(x_{i}-\bar{x})^{2}}{n - 1}$. $(x_1-\bar{x})=(266 - 202.8)=63.2$, $(x_2-\bar{x})=(201 - 202.8)=-1.8$, $(x_3-\bar{x})=(197 - 202.8)=-5.8$, $(x_4-\bar{x})=(188 - 202.8)=-14.8$, $(x_5-\bar{x})=(162 - 202.8)=-40.8$. $(x_1-\bar{x})^2=63.2^2 = 3994.24$, $(x_2-\bar{x})^2=(-1.8)^2 = 3.24$, $(x_3-\bar{x})^2=(-5.8)^2 = 33.64$, $(x_4-\bar{x})^2=(-14.8)^2 = 219.04$, $(x_5-\bar{x})^2=(-40.8)^2 = 1664.64$. $\sum_{i = 1}^{5}(x_{i}-\bar{x})^{2}=3994.24+3.24 + 33.64+219.04+1664.64=5914.8$. $s^{2}=\frac{5914.8}{4}=1478.7$
Step4: Calculate the standard deviation
The standard deviation $s=\sqrt{s^{2}}$. $s=\sqrt{1478.7}\approx38.45$
Answer:
- Mean cost per game: $202.8$
- Range: $104$
- Variance: $1478.7$
- Standard deviation: $\approx38.45$