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An auctioneer sold a herd of cattle whose minimum weight was 980 pounds, median was 1180 pounds, standard deviation 83, and IQR 108 pounds. They sold for .50 a pound, and the auctioneer took a $20 commission on each animal. Then, for example, a steer weighing 1100 pounds would net the owner .50(1100) -20=$530.

Find the minimum, median, standard deviation, and IQR of the net sale prices. Please list step by step instructions.

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  • Category:- Statistics and Probability
  • Reference No.:- M92173785
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