A marketing study of 800 adults in the 18-34 age group reported the following information Question Help v • Spent less than $100 on children's clothing per year 55 responses • Spent $100-$499.99 on children's clothing per year 260 responses • Spent $500-$999 .99 on children's clothing per year 190 responses • Spent nothing the remainder Develop a spreadsheet to estimate the sample mean and sample standard deviation of spending on children's ciothing for this age group using the following formulas, where k is the number of groups and M, is the midpoint of group i A Click the icon to view the formulas Complete the table below (Round to the nearest whole number as needod) Money Spent Midpoint Frequency 1,M, 1 (M, - x)? <100 Question Viewer 100-499.99 500-999.99
A marketing study of 800 adults in the 18-34 age group reported the following information Question Help v • Spent less than $100 on children's clothing per year 55 responses • Spent $100-$499.99 on children's clothing per year 260 responses • Spent $500-$999 .99 on children's clothing per year 190 responses • Spent nothing the remainder Develop a spreadsheet to estimate the sample mean and sample standard deviation of spending on children's ciothing for this age group using the following formulas, where k is the number of groups and M, is the midpoint of group i A Click the icon to view the formulas Complete the table below (Round to the nearest whole number as needod) Money Spent Midpoint Frequency 1,M, 1 (M, - x)? <100 Question Viewer 100-499.99 500-999.99
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Transcribed Image Text:Question Help v
A marketing study of 800 adults in the 18-34 age group reported the following information
• Spent less than $100 on children's clothing per year 55 responses
• Spent $100-$499.99 on children's clothing per year 260 responses
• Spent $500-$999 99 on children's clothing per year 190 responses
• Spent nothing: the remainder
Develop a spreadsheet to estimate the sample mean and sample standard deviation of spending on children's clothing for this age group using the following formulas, where k is the number of groups and M, is the midpoint of group i.
A Click the icon to view the formulas.
Complete the table below.
(Round to the nearest whole number as needed)
Money Spent
Midpoint
Frequency
f, M
1(M, - x) 2
$
< 100
$
Question Viewer
100-499.99
500-999.99
OODD
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