Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot.
-The table below shows data on total assets ($ million) for a sample of bank branches.
For the data on total assets ($ million) for the sample provided:
a. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the asset value of the third branch (find the z-score). Interpret its meaning.

Question

Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot. 
-The table below shows data on total assets ($ million) for a sample of bank branches.
  For the data on total assets ($ million) for the sample provided:
a. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the asset value of the third branch (find the z-score). Interpret its meaning.

Quizplus · Accepted Answer

The Answer of Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot. 
-The table below shows data on total assets ($ million) for a sample of bank branches.
  For the data on total assets ($ million) for the sample provided:
a. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the asset value of the third branch (find the z-score). Interpret its meaning.

Consider the Following to Answer the Question(s) Below