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The distribution of income in son Third World countries Is considered wedge shaped (many very poor people, very few middle income people, and even fewer wealthy people). Suppose we pick a country with a wedge shaped distribution. Let the average salary be S2,000 per year with a standard deviation of 58.000. We randomly survey 1.000 residents of thai country.
a. In words. X = ________________
b. In words, X ___________
c. x~____(_____,_____)_
d. How is it possible for the standard deviation o be greater than the average?
e. Why Is it more likely that the average of the 1,000 residents will be from $2,000 to $2,100 than from $2,100 to $2,200?
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Chapter 7 Solutions
Introductory Statistics
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Calculus Volume 1
Fundamentals of Statistics (5th Edition)
Essentials of Statistics (6th Edition)
Elementary Statistics: Picturing the World (7th Edition)
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill