We Are Interested in Knowing If the Following Frequency Distribution

question 93

Short Answer

We are interested in knowing if the following frequency distribution is normally distributed. The population mean and standard deviation of the data are 600 and 160, respectively. If the distribution was normally distributed, what is the expected frequency for the "400 up to 600" class?

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Definitions:

Cash Disbursements

The total amount of money paid out by a company over a period, including expenses, investments, and debts.

Operating Expenses

Costs associated with the day-to-day functions of a business not directly tied to producing a product or service.

Sales

The total revenue earned from goods or services sold by a business within a specified period.

Accounts Receivable

Amounts owed to a business by its customers for goods or services delivered on credit.