(a) Explanation Given: The table showing the number of vehicles (in thousands) sold with United States in May 1016 and 2017 for 12 auto manufactures: Auto Manufacture May 2016 Sales May 2017 Sales General Motors Corp 240 237 Ford Motor Corp. 235 240 Chrysler LLC 192 189 Toyota Motor Sales USA 219 218 American Honda Motor Co. Inc. 147 148 Nissan North America Inc. 133 137 Hyundai Motor America 71 60 Mazda 28 26 Kia Motors America Inc. 63 59 Subaru of America Inc. 50 56 Mercedes-Benz 32 30 Volkswagen of America Inc. 29 30 Calculation: To find the mean and standard deviation of the of sales for the May 2017 construct the following table: n x i x i − μ ( x i − μ ) 2 1 240 117 (b) To determine The company which is closest to the mean sales for the May 2017.

12th Edition

ISBN: 9780134773285

Author: MULLINS

Publisher: YUZU

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Chapter 10, Problem 42RE

(a)

To determine

To calculate: Find the mean and standard deviation of sales for the May 2017.

(b)

To determine

The company which is closest to the mean sales for the May 2017.

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Chapter 10, Problem 41RE

Chapter 10, Problem 43RE

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Find the mean and standard deviation of sales for the May 2017.

Solution Summary: The author calculates the mean and standard deviation of sales for the May 2017 for 12 auto manufactures.