Given the following frequency distribution data (n = 37), estimate the mean and standard deviation (
Question: Given the following frequency distribution data (n = 37), estimate the mean and standard deviation (use the appropriate formulae and show all your work):
Frequency Distribution of reported daily rates at 37 Cleveland hotels
| Daily Rates (in $) | Number of facilities |
| 20 and less than 40 | 4 |
| 40 and less than 60 | 6 |
| 60 and less than 80 | 16 |
| 80 and less than 100 | 6 |
| 100 and less than 120 | 5 |
| Total | 37 |
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Answer: The solution consists of 1 page
Deliverable: Word Document
Deliverable: Word Document
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