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 = $1.506 and standard deviation o = $1.004. E Click the icon to view the frequency distribution for the tax rates. Frequency distribution of cigarette tax rates Frequency 7 Tax Rate 0.00–0.49 0.50–0.99 14 1.00–1.49 7 1.50–1.99 6 2.00–2.49 2.50–2.99 3.00–3.49 4 3.50-3.99 1 4.00–4.49 1

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 = $1.506 and standard deviation o = $1.004. E Click the icon to view the frequency distribution for the tax rates. Frequency distribution of cigarette tax rates Frequency 7 Tax Rate 0.00–0.49 0.50–0.99 14 1.00–1.49 7 1.50–1.99 6 2.00–2.49 2.50–2.99 3.00–3.49 4 3.50-3.99 1 4.00–4.49 1

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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Concept explainers

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

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 = $1.506 and standard deviation o =
$1.004.
Click the icon to view the frequency distribution for the tax rates.
Frequency distribution of cigarette tax rates
Tax Rate
Frequency
0.00–0.49
7
0.50-0.99
14
1.00–1.49
7
1.50–1.99
2.00–2.49
5
2.50–2.99
5
3.00–3.49
3.50–3.99
1
4.00-4.49
1

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