A Survey Asked 200 Respondents How Many Children Under the Age

question 73

Short Answer

A survey asked 200 respondents how many children under the age of 18 live in the household.The following table summarizes the results.
$$\begin{array} { | c | c } \hline \text { Number af Children } & \text { Number af Hausehalds } \\\hline 0 & 40 \\\hline 1 & 24 \\\hline 2 & 62 \\\hline 3 & 26 \\\hline 4 & 32 \\\hline 5 & 16 \\\hline \text { Tatal } & 200 \\\hline\end{array}$$ Calculate the mean number of children in the distribution.

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Definitions:

Cumulative Output

The total amount of product or work produced over a specific period.

Fixed Percent

A predetermined percentage rate applied in various financial and operational contexts, such as investment returns or budget allocations.

Varying Percent

Describes the difference in percentage rates, often used in finance and statistics, to compare changes over time or between different entities.

Experience Curve

A concept indicating that as a company gains experience in producing a product, its cost of production decreases due to efficiencies and learning effects.