[See Solution] Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising


Question: Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 60 manufacturing companies located in the Southwest. The mean expense is $52.0 million and the standard deviation is $11.32 million. Is it reasonable to conclude the sample data are from a population that follows a normal probability distribution? Use the 0.5 significance level.

Advertising Expense Number of Companies
25 up to 35 5
35 up to 45 10
45 up to 55 21
55 up to 65 16
65 up to 75 8

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