Tigures study Imply the Inrorn aion in the following table. Assume that the distribution of incomes in each country was normal. Country United States Canada Switzerland Germany Sweden Mean Household $38,000 $35,000 $34,000 $36,000 $32,000 Income ($) Standard $27,000 $16,000 $11,000 $15,000 $17,000 Deviation What percentage of Swiss households were either very wealthy (income at least $100,000) or very poor (income at most $19.000)? (Round vour answer to the nearest whole number )

Tigures study Imply the Inrorn aion in the following table. Assume that the distribution of incomes in each country was normal. Country United States Canada Switzerland Germany Sweden Mean Household $38,000 $35,000 $34,000 $36,000 $32,000 Income ($) Standard $27,000 $16,000 $11,000 $15,000 $17,000 Deviation What percentage of Swiss households were either very wealthy (income at least $100,000) or very poor (income at most $19.000)? (Round vour answer to the nearest whole number )

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

If we model after-tax household income by a normal distribution, then the figures of a study imply the information in the
following table. Assume that the distribution of incomes in each country was normal.
Country
United States Canada Switzerland Germany Sweden
Mean Household
$38,000
$35,000
$34,000
$36,000
$32,000
Income ($)
Standard
Deviation
$11,000
$17,000
$27,000
$16,000
$15,000
What percentage of Swiss households were either very wealthy (income at least $100,000) or very poor (income at most
$19,000)? (Round your answer to the nearest whole number.)

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