Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise 3-81 (Algo) (LO3-1, LO3-4, LO3-5) A sample of 25 undergraduates reported the following dollar amounts of entertainment expenses last year: 769 691 699 730

image text in transcribedimage text in transcribed
Exercise 3-81 (Algo) (LO3-1, LO3-4, LO3-5) A sample of 25 undergraduates reported the following dollar amounts of entertainment expenses last year: 769 691 699 730 711 765 702 718 719 712 768 688 757 695 768 735 709 758 708 693 736 700 687 772 715 Click here for the Excel Data Fileb. What are the range and standard deviation? (Round the "Standard deviation" to 2 decimal places.) Standard deviation c. Use the Empirical Rule to establish an interval that includes about 95% of the observations. (Round your answers to 2 decimal places.) _:-:I

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Management

Authors: Andrew J. DuBrin

9th Edition

538478233, 2900538478235, 978-0538478236

More Books

Students also viewed these General Management questions

Question

What are the effects of poor time standards?

Answered: 1 week ago