Refer to the age histogram in part a of Exercise 77 and complete the sentences below with
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Refer to the age histogram in part a of Exercise 77 and complete the sentences below with the proper number. You don’t need to make any detailed calculations.
Choose the most “reasonable” answer.
a. The mean age of recent customers is approximately
i) 18
ii) 23
iii) 26
iv) 31
b. The median age of recent customers is approximately
i) 20
ii) 22
iii) 27
iv) 32
c. The standard deviation of the age distribution is approximately
i) 3
ii) 6
iii) 12
iv) 18
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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