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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Introductory Statistics

1st Edition
Barbara Illowsky + 1 other
Publisher: OpenStax College
ISBN: 9781938168208
BuyFind

Introductory Statistics

1st Edition
Barbara Illowsky + 1 other
Publisher: OpenStax College
ISBN: 9781938168208

Solutions

Chapter
Section
Chapter 7, Problem 69H
Textbook Problem

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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