The amount that households pay service providers for access to the Internet varies quite a bit, but the mean monthly fee is $48 and the standard deviation is $20. The distribution is not normal: Many households pay a base rate for low-speed access, but some pay much more for faster connections. A sample survey asks an SRS of 500 households with Internet acess how much they pay per month. Let x be the mean amount paid by the members of the sample. 8 Calculate the mean and the standard deviation of the sampling 1 distribution of x. Interpret the standard deviation.
The amount that households pay service providers for access to the Internet varies quite a bit, but the mean monthly fee is $48 and the standard deviation is $20. The distribution is not normal: Many households pay a base rate for low-speed access, but some pay much more for faster connections. A sample survey asks an SRS of 500 households with Internet acess how much they pay per month. Let x be the mean amount paid by the members of the sample. 8 Calculate the mean and the standard deviation of the sampling 1 distribution of x. Interpret the standard deviation.
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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![The amount that households pay service
providers for access to the Internet varies
quite a bit, but the mean monthly fee is
$48 and the standard deviation is $20.
The distribution is not normal: Many
households pay a base rate for low-speed
access, but some pay much more for
faster connections. A sample survey asks
an SRS of 500 households with Internet
acess how much they pay per month. Let
x be the mean amount paid by the
members of the sample.
8
Calculate the mean and the
standard deviation of the sampling
1
distribution of x. Interpret the
standard deviation.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9cedd2f8-5b3f-406d-a4ce-b76d9ed697c0%2F7362ba26-4f7b-4cee-94ba-75be99c51a8c%2F00fz1si_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The amount that households pay service
providers for access to the Internet varies
quite a bit, but the mean monthly fee is
$48 and the standard deviation is $20.
The distribution is not normal: Many
households pay a base rate for low-speed
access, but some pay much more for
faster connections. A sample survey asks
an SRS of 500 households with Internet
acess how much they pay per month. Let
x be the mean amount paid by the
members of the sample.
8
Calculate the mean and the
standard deviation of the sampling
1
distribution of x. Interpret the
standard deviation.
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