Math Problem Statement
The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population mean and population standard deviation. Compare these results to the actual mean muequals1.608 and standard deviation sigmaequals1.065.
Tax Rate Lower Limit Upper Limit Frequency 0.00-0.49 0.00 0.49 6 0.50-0.99 0.50 0.99 13 1.00-1.49 1.00 1.49 6 1.50-1.99 1.50 1.99 6 2.00-2.49 2.00 2.49 5 2.50-2.99 2.50 2.99 5 3.00-3.49 3.00 3.49 3 3.50-3.99 3.50 3.99 3 4.00-4.49 4.00 4.49 1
Whats the population mean
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Frequency Distribution
Population Mean
Standard Deviation
Midpoint Method
Formulas
Midpoint = (Lower Limit + Upper Limit) / 2
Population Mean (x̄) = Σ(x_i * f_i) / Σf_i
Population Standard Deviation = sqrt[Σ((x_i - x̄)^2 * f_i) / Σf_i]
Theorems
Summation Theorem in Statistics
Standard Deviation Formula for Grouped Data
Suitable Grade Level
Grades 10-12
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