Question: Must show all your work step by step in order to receive full credit; Excel is not allowed 1. Use the given information below to

Must show all your work step by step in order to receive full credit; Excel is not allowed 1. Use the given information below to answer the below given questions : X f 1 1 2 0 a. Range b. Variance c. Standard deviation 2. The mean income of a group of sample observations is $250; the standard deviation is $20. According to Chebyhev's theorem, at least what percent of the incomes will lie between $200 and $300? 3. A sample of the monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical, bell-shaped frequency distribution. The sample mean is $200; the standard deviation is $25. a. About 76 percent of the monthly food expenditures are between what two amounts? b. About 90 percent of the monthly food expenditures are between what two amounts? a. b

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!