Math Problem Statement
A recent survey by the American automobile association showed that a family of two adults and two children on vacation in the united states will pay an average of $247 per day for food and lodging with a standard deviation of $60 per day. You can compute the mean food and lodging cost of a 10-day vacation by multiplying the per-day mean by 10. the standard deviation for the 10-day vacation can be found by multiplying by 10 also.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Mean
Standard Deviation
Scaling of Variability
Formulas
Mean over multiple days: μ_{10 days} = μ_{daily} × 10
Standard deviation scaling: σ_{10 days} = σ_{daily} × √10
Theorems
Properties of the standard deviation in independent sums
Suitable Grade Level
Grades 11-12 or Introductory College Level
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