The frequency distribution below shows the monthly expenditure on gasoline for a sample of 14 individuals.
a.Compute the mean.
b.Compute the standard deviation.
Definitions:
Shares Outstanding
The total number of a company's shares of stock that are owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the total market value remains the same.
Market Price
The rate currently set for the trade of assets or services in the marketplace.
Retained Earnings
The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.
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