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. a. What is the mean for food and lodging for a 10-day vacation?
b. What is the standard deviation of the distribution for the 10-day vacation?
c. What is the variance of the distribution for the 10-day vacation?
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Probability
Standard Deviation
Variance
Mean
Formulas
Mean for multiple days = Daily Mean × Number of Days
Standard Deviation for multiple days = Daily Standard Deviation × √Number of Days
Variance = (Standard Deviation)^2
Theorems
Properties of the Normal Distribution
Suitable Grade Level
Grades 9-11
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