The squared deviation for the fourth observation equals: A student advocacy grou

Question

The squared deviation for the fourth observation equals:

A student advocacy group at a large western university was interested in estimating the average rent (s) that off-campus students pay per month. Five randomly selected, off-campus students were chosen and their respective monthly rent liabilities were recorded The raw data are found in Table 1. Let x denote the monthly rent reported. Round your answers to two decimal places. Be aware that small rounding errors n early calculations can become big errors if used in further calculations. a. Fill in the missing table cells. Note that the sample mean will be the same for each column. b. The Sum of Squares equals: 26946.8 q, c. This variance equals: 6736.7 q, d. The standard deviation equals: 82.077 The squared deviation for the fourth observation equals:

Explanation / Answer

e) 3696.64 Answer

Squared deviation = (xi - (x-bar))^2   for i'th observation

Therefore ,

squared deviation for the fourth observation equals 3696.64.

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