Recently, a random sample of 25-34 year olds was asked, "How much do you currently have in savings, not including retirement savings?" The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings. Click the icon to view the frequency distributia Frequency distribution of amount of savings The sample mean amount of savings is $ 225 . (Round to the nearest dollar as needed.) Savings $0-$199 $200-$399 $400-$599 $600-$799 $800–$999 $1000–$1199 $1200-$1399 Frequency 342 The sample standard deviation is S. (Round to the nearest dollar as needed.) 90 50 21

Recently, a random sample of 25-34 year olds was asked, "How much do you currently have in savings, not including retirement savings?" The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings. Click the icon to view the frequency distributia Frequency distribution of amount of savings The sample mean amount of savings is $ 225 . (Round to the nearest dollar as needed.) Savings $0-$199 $200-$399 $400-$599 $600-$799 $800–$999 $1000–$1199 $1200-$1399 Frequency 342 The sample standard deviation is S. (Round to the nearest dollar as needed.) 90 50 21

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

SAMPLE STANDARD DEVIATION NOT MEAN I already have mean

Recently, a random sample of 25-34 year olds was asked, "How much do you currently have in savings, not including retirement savings?" The
data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings.
Click the icon to view the frequency distributic
Frequency distribution of amount of savings
The sample mean amount of savings is $ 225 .
(Round to the nearest dollar as needed.)
Savings
$0-S199
$200-$399
Frequency
The sample standard deviation is $
342
90
(Round to the nearest dollar as needed.)
$400-$599
50
$600-$799
21
$800-$999
$1000-$1199
$1200-$1399
2

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