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 standard deviation for age.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Weighted Mean
Standard Deviation

Formulas

Mean (μ) = Σ(f_i * x_i) / Σf_i
Standard Deviation (σ) = sqrt(Σf_i * (x_i - μ)^2 / Σf_i)

Theorems

Properties of Mean
Properties of Standard Deviation

Suitable Grade Level

Grades 10-12