A marketing study of 800 adults in the 18-34 age group reported the following information. • Spent less than $100 on children's clothing per year 55 responses • Spent $100-$499.99 on children's...

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A marketing study of 800 adults in the 18-34 age group reported the following information.<br>• Spent less than $100 on children's clothing per year 55 responses<br>• Spent $100-$499.99 on children's clothing per year. 260 responses<br>• Spent $500-$999.99 on children's clothing per year: 190 responses<br>• Spent nothing: the remainder<br>Develop a spreadsheet to estimate the sample mean and sample standard deviation of spending on children's clothing for this age group using the following formulas, where k is the number of groups and M; is the midpoint of group i.<br>G Click the icon to view the formulas,<br>Complete the table below<br>(Round to the nearest whole number as needed.)<br>Midpoint<br>Frequency<br>ti (M, - x) 2<br>Money Spent<br>f,M,<br>< 100<br>Question Viewer<br>100-499.99<br>500-999.99<br>$4<br>

Extracted text: A marketing study of 800 adults in the 18-34 age group reported the following information. • Spent less than $100 on children's clothing per year 55 responses • Spent $100-$499.99 on children's clothing per year. 260 responses • Spent $500-$999.99 on children's clothing per year: 190 responses • Spent nothing: the remainder Develop a spreadsheet to estimate the sample mean and sample standard deviation of spending on children's clothing for this age group using the following formulas, where k is the number of groups and M; is the midpoint of group i. G Click the icon to view the formulas, Complete the table below (Round to the nearest whole number as needed.) Midpoint Frequency ti (M, - x) 2 Money Spent f,M, < 100="" question="" viewer="" 100-499.99="" 500-999.99="">

Jun 07, 2022
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