Question 43556: Hi
I would appreciate help on this problem that has me against a wall.
The annual incomes of 5 vice presidents of TMV industries are $125,000 ; $128,000; $133,000 and $140,000. Consider this a population
what is the range
what is the arithmetic mean income?
what is the population variance? the standard deviation?
Thank you a million times over for your help
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! The annual incomes of 5 vice presidents of TMV industries are $125,000 ; $128,000; $133,000 and $140,000. Consider this a population
what is the range
range = max-min= 140,000-125,000= 15000
what is the arithmetic mean income?
mean = {125000+128000+133000+140000]/4= 131,500
what is the population variance? the standard deviation?
Population variance = 5678.908346^2=32250000.00
Population standard deviation=5678.908346...
Cheers,
Stan H.
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