[See Steps] The following frequency distribution reports the electricity cost for a sample of 50 two bedroom apartments in Albuquerque, New Mexico during the
Question: The following frequency distribution reports the electricity cost for a sample of 50 two bedroom apartments in Albuquerque, New Mexico during the month of May last year.
- Estimate the mean cost.
- Estimate the standard deviation.
- Use the Empirical Rule to estimate the proportion of costs within two standard deviations of the mean. What are these limits?
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