The distribution of the monthly household incomes of a random sample of households in a city is

Question:

The distribution of the monthly household incomes of a random sample of households in a city is shown in the pie chart. Use $10,999.50 as the midpoint for “$10,000 or more.”

Make a frequency distribution for the data. Then use the table to estimate the sample mean and the sample standard deviation of the data set.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...