Pls help to solve my stastistic question. Thanks alot.? - statistics on steven spielberg
Steven was asked by his company for a study on income from their customers. The annual income of 40 randomly selected customers in its customer base in a distribution facility frequency table is created, as follows:
Frequency Allocation Table (in $ '000)
Lower limit
20
31
41
51
61
71
81
91
Upper limit
30
40
50
60
70
80
90
100
Count
3
6
8
7
7
5
1
3
Cumulative Count
3
9
17
24
31
36
37
40
%
7.50
15.00
20.00
17.50
17.50
12.50
2.50
7.50
Cumulative%
7.50
22.50
42.50
60.00
77.50
90.00
92.50
100.00
a) With the index to calculate the variance and standard deviation.
b) Explain how these statistics can help in cases of Steven.
2 comments:
Your data will be even easier to read. The answers have not changed, however.
Trademarks are the class 25,35,45,55,65,75,85 and 95
m = 1000 * (3 * 25 + 6 * 35 8 * 45 7 * 55 7 * 65 * 5 * 75 1 * 85 + 3 * 95) / 40 = 55750
var = 1,000,000 * (3 * 30.75 ^ 2 + 6 * 20.75 ^ 2 + 8 * 10.75 ^ 2 + 7 * 0.75 ^ 2 + 7 * 9.25 ^ 2 + 5 * 19 , 25 ^ 2 + 1 * 29.25 ^ 2 + 3 * 39.25 ^ 2) / 40 = 356,937,500
sigma = $ 18.893
Steve can be quite sure that 25% of people earn an income of less than $ 43,000 and 25% more than 68,500.
It can achieve marketing campaigns focus on specific groups
go to office hours. or stay after school for tutoring. or in front of the class.
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