The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population mean and population standard deviation. Compare these results to the actual mean p = $1.481 and standard deviation a = $0.971. E Click the icon to view the frequency distribution for the tax rates. The population mean is S (Round to three decimal places as needed.) Frequency distribution of cigarette tax rates - X The population standard deviation is S (Round to three decimal places as needed.) Tax Rate 0.00-0.49 0 50-0 99 1.00-1.49 1.50-1.99 2.00-2.49 2 50-2.99 3.00-3.49 3 50-3 99 4.00 4 49 Frequency O 7. 14 Compare these results to the values found using the actual data. 6. O A. The grouped values are both slightly larger. O B. The grouped values are both slightly smaller. OC. The grouped mean is slightly larger, while the grouped standard deviation OD. The grouped mean is slightly smaller, while the grouped standard deviation is slightly larger. slightly smaller. 3 1 Print Done

MATLAB: An Introduction with Applications
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The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population mean and population standard deviation. Compare these results to the
actual mean u = $1.481 and standard deviation a = $0.971.
E Click the icon to view the frequency distribution for the tax rates.
The population mean is S.
(Round to three decimal places as needed.)
Frequency distribution
cigarette tax rates
- X
The population standard deviation is S
(Round to three decimal places as needed.)
Tax Rate
0.00-0.49
0.50-0.99
1.00-1.49
1.50-1.99
2.00-2.49
2.50-2. 99
3.00-3.49
3.50-399
4.00 4.49
Frequency O
Compare these results to the values found using the actual data.
14
O A. The grouped values are both slightly larger.
O B. The grouped values are both slightly' smaller.
O C. The grouped mean is slightly larger, while the grouped standard deviation is slightly smaller.
17
O D. The grouped mean is slightly smaller, while the grouped standard deviation is slightly larger.
Print
Done
Transcribed Image Text:The frequency distribution was obtained using a class width of 0.5 for data on cigarette tax rates. Use the frequency distribution to approximate the population mean and population standard deviation. Compare these results to the actual mean u = $1.481 and standard deviation a = $0.971. E Click the icon to view the frequency distribution for the tax rates. The population mean is S. (Round to three decimal places as needed.) Frequency distribution cigarette tax rates - X The population standard deviation is S (Round to three decimal places as needed.) Tax Rate 0.00-0.49 0.50-0.99 1.00-1.49 1.50-1.99 2.00-2.49 2.50-2. 99 3.00-3.49 3.50-399 4.00 4.49 Frequency O Compare these results to the values found using the actual data. 14 O A. The grouped values are both slightly larger. O B. The grouped values are both slightly' smaller. O C. The grouped mean is slightly larger, while the grouped standard deviation is slightly smaller. 17 O D. The grouped mean is slightly smaller, while the grouped standard deviation is slightly larger. Print Done
Expert Solution
Step 1

Given Frequency distribution:

Tax rate Frequency
0.00-0.49 7
0.50-0.99 14
1.00-1.49 6
1.50-1.99 7
2.00-2.49 6
2.50-2.99 5
3.00-3.49 3
3.50-3.99 1
4.00-4.49 1
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