Mathematics Homework Help
Mathematics Homework Help. I need help with a statistics question
You are estimating the cost of a personnel shelter and you have collected cost data on 10 shelters. The mean cost was $16,693. The median cost is $17,402. There is a range in the cost of $10,095. The standard deviation is $2,270. If you use the average cost of the shelters as your estimate, then, on average:
You could expect to be off by $340.90
You could expect to be off by 13.60%
You could expect to be off by 20.42%
You could expect to be off by $10,095