The file Tax contains the quarterly sales tax receipts (in $thousands) submitted to the comptroller of the
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a. Compute the mean, variance, and standard deviation for this population.
b. What percentage of the 50 businesses has 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)?
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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