Question: The following relative frequency distribution table reports results from a recent study of prices charged by retailers who carry your companys product: Price x Proportion

The following relative frequency distribution table reports results from a recent study of prices charged by retailers who carry your company’s product:

Price x Proportion of Retailers P(x)

$99.95………………………………………… .1

109.95………………………………………… .5

119.95………………………………………… .3

129.95………………………………………… .1

a. Show the relative frequency bar chart for the data.

b. Compute the mean, the variance and the standard deviation for the data.

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