Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 60 manufacturing companies. Estimate the mean, median, and standard deviation of advertising expense. (Round the final answers to 2 decimal places.) Advertising Expenditure Number of ($ millions ) companies $30 to under $40 8 40 to under 50 12 50 to under 60 16 60 to under 70 14 70 to under 80 10 Total 60 Mean Median Standard deviation2 The following number of bags of cookies were removed from a production line in the last five hours to be tested for quality purposes: 16, 8, 16, 19, and 16. a. Compute the sample variance. (Round the final answer to 1 decimal place.) 10 Sample variance points b. Determine the sample standard deviation. (Round the final answer to 4 decimal places.) Skipped Sample standard deviation eBook References3 The demand for video games has exploded in the last several years. So, the owner of Matt Videos needs to hire several new technical people to keep up with the demand. Matt Videos gives each applicant a special test, designed by Dr. McGraw, who believes that the result of the test is closely related to the ability to create video games. For the general population, the mean on this test is 100. The applicants' scores are listed below: 28 92 105 10 88 91 94 93 105 109 116 points The president, Matt Schauer, is interested in the overall quality of the job applicants based on this test. Skipped a. Compute the mean and the median score for the ten applicants. (Round the final answers to 1 decimal place.) eBook Mean References Median b. What would you report to the president? Applicants are (Click to select) | than the general population.Compute the mean of the following population values: 11, 16, 12, 7, 7. (Round the final answer to 1 decimal place.) Mean