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Calculate Mean, Variance, and Standard Deviation. Assuming that the distribution on
entertainment expenses is approximately normally distributed, calculate estimate of tolerances
interval containing 95.44%. (Points : 4)
Solution
calculate estimate of tolerances interval mean ± s --> 134.5 ± 16.6343 -->
(117.8657, 151.1343)

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Calculate Mean, Variance, and Standard Deviation. Assuming that the .pdf

  • 1. Calculate Mean, Variance, and Standard Deviation. Assuming that the distribution on entertainment expenses is approximately normally distributed, calculate estimate of tolerances interval containing 95.44%. (Points : 4) Solution calculate estimate of tolerances interval mean ± s --> 134.5 ± 16.6343 --> (117.8657, 151.1343)