Question

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26. Meals. A college student on a seven-day meal plan reports that the amount of money he spends daily on food varies with a mean of $13.50 and a standard devia- tion of $7. a) What are the mean and standard deviation of the amount he might spend in two consecutive days? b) What assumption did you make in order to find that c) Estimate his average weekly food costs, and the stan- d) Do you think it likely he might spend less than $50 in standard deviation? Are there any reasons you might question that assumption? dard deviation. a week? Explain, including any assumptions you make in your analysis.

Answer 1

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