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Asked by BrigadierWillpower2770 on coursehero.com

Recently, a random sample of 25-34 year olds was asked, "How much do you currently have in savings, not including retirement savings?" The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings.

Savings

Frequency

$0-

$199

338

$200-

$399

87

$400-

$599

55

$600-

$799

23

$800-

$999

13

$1000-

$1199

5

$1200-

$1399

2

Find the sample mean amount of saving?

Then, calculate the sample standard deviation, rounding to the nearest whole number?

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Answered by Ristinewaa on coursehero.com

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