The file Tax contains the quarterly sales tax receipts (in $thousands) submitted to the comptroller of the

Question:

The file Tax contains the quarterly sales tax receipts (in $thousands) submitted to the comptroller of the Village of Fair Lake for the period ending March 2011 by all 50 business establishments in that locale:
10.311.19.69.014.513.06.711.08.410.3
8.011.27.35.312.58.011.88.710.69.5
11.110.211.19.99.811.615.112.56.57.5
10.012.99.210.012.812.59.310.412.710.5
9.311.510.711.67.810.57.610.18.98.6
a. Compute the mean, variance, and standard deviation for this population.
b. What percentage of the 50 businesses has quarterly sales tax receipts within ± 1, 2, or ±3 standard deviations of the mean?
c. Compare your findings with what would be expected on the basis of the empirical rule. Are you surprised at the results in (b)?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

Question Posted: