Answer:
D.No, because some models of cell phones will have a larger market share than others. Measures from different models should be weighted according to their size in the population.
Step-by-step explanation:
(a) Range is the difference between the smallest and largest observation.
Here Smallest observation = 0.63
and Largest observation = 1.48
⇒ Range = 0.85
(b) Standard Deviation is calculate by,
[tex] Standard deviation(\sigma) = \sqrt{\frac{1}{n}\sum_{i=1}^{n}{(x_{i}-\bar{x})^{2}} }[/tex]
where, [tex]\bar{x}[/tex] is mean of the observation.
Here, Mean = 0.988
⇒ Standard Deviation = 0.313
(c) Variance is the square of Standard deviation.
Thus, Variance = (Standard Deviation)² = 0.098
(d) Here last option(D) is true i.e. No, because some models of cell phones will have a larger market share than others. Measures from different models should be weighted according to their size in the population.