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Data for a random sample of banks

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Reference no: EM131501214

The following data for a random sample of banks in two cities represent the ATM fees for using another? bank's ATM. Compute the range and sample standard deviation for ATM fees for each city. Which city has the most dispersion based on? range? Which city has more dispersion based on the standard? deviation?

City A 1.00  1.00 1.50 1.00 1.00

City B 2.00 1.25 1.25 0.00  2.00

The standard deviation for city A is ______

?(Round to the nearest cent as? needed.)

The standard deviation for city B is ______

?(Round to the nearest cent as? needed.)

Which city has the most dispersion based on? range?

  • City? B, because it has a lower range.
  • City A?, because it has a higher range.       
  • City B?, because it has a higher range.
  • City? A, because it has a lower range.

Which city has the most dispersion based on standard? deviation?

  • City B?, because it has a higher standard deviation.
  • City? B, because it has a lower standard deviation.
  • City? A, because it has a lower standard deviation
  • City A?, because it has a higher standard deviation.

Reference no: EM131501214

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