Student Sample C

Statistics

You are planning to sell a used 1988 automobile and want to establish an asking price that is competitive with that of other cars of the same make and model that are on the market. A review of newspaper advertisements for used cards yields the following data for 12 different cars of this make and model. Take this information and construct a graph with a meaningful scale and intervals. From your graph, estimate the cost of the 1988 automobile. Justify your answer.