Fred decided to study the number of exemptions claimed on personal tax returns he prepared in 2017.

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Fred decided to study the number of exemptions claimed on personal tax returns he prepared in 2017. The data are summarized in the following table.
Exemptions ............................Percent
1................................................ 20
2.................................................. 50
3.................................................. 20
4.................................................. 10
a. What is the mean number of exemptions per return?
b. What is the variance of the number of exemptions per return?

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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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