Cattle, part III Suppose the auctioneer in Exercise 27 sold a herd of cattle whose minimum weight was 980 pounds, median was 1140 pounds, standard deviation 84 pounds, and IQR 102 pounds. They sold...


Cattle, part III Suppose the auctioneer in Exercise 27 sold a herd of cattle whose minimum weight was 980 pounds, median was 1140 pounds, standard deviation 84 pounds, and IQR 102 pounds. They sold for 40 cents a pound, and the auctioneer took a $20 commission on each animal. Then, for example, a steer weighing 1100 pounds would net the owner 0.40(1100) - 20 = +420. Find the minimum, median, standard deviation, and IQR of the net sale prices.



May 05, 2022
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