The file contains the quarterly sales tax receipts (in thousands of dollars) submitted to the comptroller of
Question:
a. Compute the mean, variance, and standard deviation for this population.
b. What percentage of these businesses have quarterly sales tax receipts 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)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Question Posted: