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Mathematics, 16.02.2021 03:50 glosstear

Question 5 Buying a year's worth of textbooks for college can be expensive! Consider a large population of college students for whom the distribution of the annual cost of textbooks is slightly skewed to the left. Here is the five-number summary for the annual cost of textbooks for this population: Minimum 80 Quartile 1 215 Median 335 Quartile 3380 Maximum 440 Suppose we take random samples of size 32 from this population and calculate the interquartile range (IQR) for each of our samples. Below is a dotplot of the IQR from 50 such samples. 60 80 100 120 140 160 180 200 220 240 280 Sample IQR A) Briefly explain what the dot at 240 represents. (3 points) B) Is the sample IQR is an unbiased estimator of the population IQR? Justify your answer.(5 points)

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Question 5 Buying a year's worth of textbooks for college can be expensive! Consider a large populat...
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