Math Problem Statement
Age Lower Limit Upper Limit Number (millions)
25-34 25 34 25600000
35-44 35 44 30200000
45-54 45 54 38400000
55-64 55 64 24500000 The following data represent the number of people aged 25 to 64 years covered by health insurance (private or government) in 2018. Approximate the mean and corrected standard deviation for age.
Solution
To approximate the mean and corrected standard deviation for the given age data, we'll treat the age ranges as grouped data. Here’s how we can calculate both:
Step 1: Calculate the Mean
For grouped data, the mean () is calculated using the formula:
where:
- is the midpoint of each age range.
- is the frequency (number of people) in each range.
Calculate the Midpoints:
The midpoint () of each age range is:
- For 25-34:
- For 35-44:
- For 45-54:
- For 55-64:
Multiply Midpoints by Frequencies ():
Sum of Frequencies ():
Sum of :
Calculate the Mean:
So, the approximate mean age is 44.71 years.
Step 2: Calculate the Corrected Standard Deviation
The corrected standard deviation () for grouped data is calculated using:
Calculate :
Sum of :
Calculate the Corrected Standard Deviation:
First, simplify the terms:
Now, compute the variance:
Taking the square root gives the standard deviation:
So, the approximate corrected standard deviation is 10.53 years.
Final Answer:
- Mean age: 44.71 years
- Corrected standard deviation: 10.53 years
Would you like further details on any of these calculations or have other questions?
Here are 5 related questions that you might find useful:
- How is grouped data different from ungrouped data in statistical calculations?
- Why do we use the corrected formula for standard deviation with ?
- What is the significance of calculating the midpoint in grouped data?
- How does the choice of age ranges affect the precision of the mean?
- Can these methods be used for non-continuous data?
Tip: When working with large numbers, keeping intermediate results ensures accuracy and helps in tracking errors during calculations.
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Math Problem Analysis
Mathematical Concepts
Statistics
Grouped Data Analysis
Measures of Central Tendency
Measures of Dispersion
Formulas
Mean (\overline{x}) = \frac{\sum (x_i \cdot f_i)}{\sum f_i}
Corrected Standard Deviation (s) = \sqrt{\frac{\sum (x_i^2 \cdot f_i) - \left(\frac{\sum (x_i \cdot f_i)}{\sum f_i}\right)^2 \cdot \sum f_i}{\sum f_i - 1}}
Theorems
Central Limit Theorem (underlying statistical concept)
Corrected standard deviation formula for sample data
Suitable Grade Level
Grades 11-12, College Level
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