Question

Let’s assume that this represents the true mean of the population of all Cruise Burmuda customers...

Let’s assume that this represents the true mean of the population of all Cruise Burmuda customers and that it approximates a normal distribution with a standard deviation of $10,000. In your Excel worksheet, type your answers to these calculations/questions. a. About 68% of the incomes lie between what two amounts?

Mean 47916.67
Standard Deviation 10114.08
TABLE C5-2: CUSTOMER ANNUAL HOUSEHOLD INCOME
36500
37500
38000
38500
39000
39500
39500
40500
42500
43000
43500
44000
44000
44500
45000
45500
45500
46000
47000
47500
47500
51500
52000
52500
53000
59000
61000
63000
74000
77000

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