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The following relative frequency distribution table reports results from a

The following relative frequency distribution table reports results from a recent study of prices charged by retailers who carry your company’s product:

Price x Proportion of Retailers P(x)

$99.95................ .1

109.95................ .5

119.95................ .3

129.95................ .1

a. Show the relative frequency bar chart for the data.

b. Compute the mean, the variance and the standard deviation for the data.

Price x Proportion of Retailers P(x)

$99.95................ .1

109.95................ .5

119.95................ .3

129.95................ .1

a. Show the relative frequency bar chart for the data.

b. Compute the mean, the variance and the standard deviation for the data.

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