Question: The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population
The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population mean and population standard deviation. Compare these results to the actual mean =$1.66 and standard deviation =$1.076.
| Tax rate | Frequency |
| 0.00-0.49 | 5 |
| 0.50-0.99 | 15 |
| 1.00-1.49 | 7 |
| 1.50-1.99 | 6 |
| 2.00-2.49 | 6 |
| 2.50-2.99 | 5 |
| 3.00-3.49 | 4 |
| 3.50-3.99 | 1 |
| 4.00-4.49 | 3 |
The population mean is $
The population standard deviation is $
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