The file McDonaldsStores contains the number of McDonalds stores located in each of the 50 U.S. states

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The file McDonaldsStores contains the number of McDonald’s stores located in each of the 50 U.S. states and the District of Columbia, as of December 31, 2016:

Source: Data extracted from bit.ly/2qJjFpF.

a. Compute the mean, variance, and standard deviation for this population.

b. What percentage of the 50 states have a number of McDonald’s stores within ±1, ±2, or ±3 standard deviations of the mean?

c. Compare your findings with what would be expected on the basis of the empirical rule. Are you surprised at the results in (b)?

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Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan

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