Recently, a random sample of 25-34 year olds was asked, How much do you currently have in
Question:
Recently, a random sample of 25-34 year olds was asked, "How much do you currently have in savings, not including retirement savings?" The following data represent the responses to the survey. Approximate the mean and standard deviation amount of savings.
Savings Frequency
$0-$19,999........................................344
$20,000-$39,999...................................98
$40,000-$59,999...................................52
$60,000-$79,999...................................19
$80,000-$99,999...................................13
$100,000-$119,999..................................6
$120,000-$139,999..................................2
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Related Book For
Statistics Informed Decisions Using Data
ISBN: 9780134133539
5th Edition
Authors: Michael Sullivan III
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