Question: Saved Help Save & Exit Submit In order to control costs, a company wishes to study the amount of money its sales force spends entertaining

 Saved Help Save & Exit Submit In order to control costs,

Saved Help Save & Exit Submit In order to control costs, a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force. $ 356 $ 321 $ 361 $ 341 $ 347 $ 362 (a) Calculate x , s', and s for the expense data. (Round "Mean" and "Variances" to 2 decimal places and "Standard Deviation" to 3 decimal places.) x-bar S^2 S (b) Assuming that the distribution of entertainment expenses is approximately normally distributed, calculate estimates of tolerance intervals containing 68.26 percent, 95.44 percent, and 99.73 percent of all entertainment expenses by the sales force. (Round intermediate calculations and final answers to 2 decimals.) [x-bar + s] [x-bar + 2s] [x-bar + 3s]

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