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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