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

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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 2013 by all 50 business establishments in that locale:

The file Tax contains the quarterly sales tax receipts (in

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)?

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Related Book For  answer-question

Basic Business Statistics

ISBN: 9780321870025

13th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat

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