Problem

Here are 6 celebrities with some of the highest net worths (in millions of dollars) in a recent year: Steven Spielberg (3700), Oprah Winfrey (3200), Paul McCartney (1200), J. K. Rowling (1000), David Copperfield (1000), and Jerry Seinfeld (950) ㅁ.1. Find the range, variance, and standard deviation for the sample data. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision? The range is $\$ \square$ million, (Round to the nearest integer as needed.)

Solution

Step 1 :First, we need to calculate the range of the data. The range is the difference between the highest and lowest values in a set of data. In this case, the highest value is 3700 (Steven Spielberg's net worth) and the lowest value is 950 (Jerry Seinfeld's net worth).

Step 2 :So, the range is 3700 - 950 = 2750.

Step 3 :Final Answer: The range is \(\boxed{2750}\) million.

From Solvely APP
Source: https://solvelyapp.com/problems/16868/

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