The classes for amount of bill and the number of families are given
Class "40 to less than 70" means 40 - 70 and number of families are nothing but the frequencies
Mean:
The formula to find mean is
Where f - frequency of class and x - mid point of class
The formula to find the midpoints x is,
The midpoint of first class 40 - 70 is
Similarly the midpoints of the remaining classes are 85, 115, 145 and 175 respectively.
Therefore, Mean = $128.8
Variance:
The formula to find the variance is,
Therefore, variance is 1587.31
Standard deviation:
Standard deviation is the square root of variance
Therefore, the standard deviation is $39.84
Question 5 The following table gives the frequency distribution of the amounts of telephone bills for...
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