Chapter 12: Problem 76
Describe the normal distribution and discuss some of its properties.
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Chapter 12: Problem 76
Describe the normal distribution and discuss some of its properties.
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Describe what the standard deviation reveals about a data set.
Over a one-month period, stock A had a mean daily closing price of \(124.7\) and a standard deviation of \(12.5\). By contrast, stock B had a mean daily closing price of \(78.2\) and a standard deviation of 6.1. Which stock was more volatile? Explain your answer.
Find the standard deviation for each group of data items. Round answers to two decimal places. \(3,3,4,4,5,5\)
Scores on a dental anxiety scale range from 0 (no anxiety) to 20 (extreme anxiety). The scores are normally distributed with a mean of 11 and a standard deviation of 4. In Exercises 49-56, find the \(z\)-score for the given score on this dental anxiety scale. 17
A sample of cereals indicates a mean potassium content per serving of 93 milligrams and a standard deviation of 2 milligrams. Write a description of what this means for a person who knows nothing about statistics.
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