Elementary Statistics

What do you think is the most appropriate measure of central tendency for this set of

data values and why?

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__________          _____________________________________________________

What are the range, variance, and standard deviation of the prices?

__________          __________          __________

What do you think is the most appropriate measure of variability for this set of data values and why?

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Is the distribution skewed? If so, which way?

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Is the price of Realm for Men more than 2 standard deviations away from

the mean?

Would you consider Realm for Men an outlier?

At what percentile is the price of Stetson?

Create a boxplot from the given prices (Draw the boxplot and fill in the values).

What type of numbers have you generated from this data set (statistics or

parameters)?

Write a brief statement about your findings, including if they supported your original

hypothesis or not.