Recently, a random sample of 13–18 year olds was asked, "How much do you currently have in savings?" The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings.
Savings |
Frequency |
||
$0-199 |
336 |
||
$200-399 |
|
99 |
|
$400-599 |
|
57 |
|
$600-799 |
19 |
||
$800-999 |
|
14 |
|
$1000-1199 |
7 |
||
$1200-1399 |
|
3 |
from above:
sample mean =241.1822
and standard deviation =234.8818
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