Question

Runzheimer International publishes data on overseas business travel costs. They report that the average per diem total for a business traveler in Paris, France, is $349. Suppose the shape of the distribution of the per diem costs of a business traveler to Paris is unknown, but that 53% of the per diem figures are between $317 and $381. What is the value of the standard deviation?
The average per diem total for a business traveler in Moscow is $415.Ifthe shape of the distribution of per diem costs of a business traveler in Moscow is unknown and if 83% of the per diem costs in Moscow lie between $371 and $459, what is the standard deviation?



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  • CreatedFebruary 19, 2015
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