A discrete variable Q, extra inventory units, has integer values from 1 to 10. When sampled 100 times, the following observed probability dis­tribution was obtained:



(a) Determine the sample average and standard deviation by hand.

(b) Determine the sample average and standard deviation by spreadsheet.

(c) Determine the values 1 and 2 standard devia­tions from the mean. Of the 100 sample points, how many fall within these two ranges?




(b) Average and standard deviation values are shown.

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