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Use the Frequency Distribution to Find the Mean and the Sample

question 105

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Use the frequency distribution to find the mean and the sample standard deviation. Does the data form a normal distribution? Remember: if the data fall within 2% of the empirical rule of 68%, 95%, and 99.7% for one, two, or three standard deviations, respectively, they form a normal distribution.   Weight (lb)   Midpoint x Frequency t 1.510.51210.519.53919.528.512028.537.520737.546.536846.555.534455.564.522264.513.510013.582.53082.591.512\begin{array}{|ccc|}\hline \text {Weight (lb) } & \text { Midpoint x }& \text {Frequency t }\\\hline 1.5-10.5 && 12 \\10.5-19.5 && 39 \\19.5-28.5 && 120 \\28.5-37.5 && 207 \\37.5-46.5 && 368 \\46.5-55.5 && 344 \\55.5-64.5 && 222 \\64.5-13.5 && 100 \\13.5-82.5 && 30 \\82.5-91.5 && 12\\\hline\end{array}


Definitions:

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity.

Domestic Opportunity Cost

The cost of forgoing the next best alternative use of a country's resources when choosing to produce a particular good or service.

Domestic Supply

The total amount of a good or service that is available from domestic producers within a country, influencing national prices and availability.

Domestic Demand

The overall desire for merchandise and services within a nation's boundaries.

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