- a) Set up a frequency distribution table and calculate the relative frequency for the following quiz scores that Matt achieved in his Algebra course:
Matt’s Quiz Scores: 85, 88, 92, 71, 100, 78, 61, 60, 89, 99, 100, 65, 98, 85, 92, 79, 81, 85, 100, and 100.
Use the following frequency intervals:
60 – 70
70 – 80
80 – 90
90 – 100
- b) Calculate the variance and standard deviation for Matt’s quiz scores.
Suggestion: set the problem up in steps within a table like the textbook illustrates.
Question 3: (10 Points)
Patrick’s Average Sales:
Monday $4,099
Tuesday $6,700
Wednesday $0
Thursday $10,000
Friday $9,007
Saturday $9,776
Sunday $0
Is it better for Patrick to earn 7.5% based on his average daily sales or a flat $4,000 for the week? In your explanation, please show your calculations.