Calculate a standard deviation


Based on all tax returns filed in 2001, the Internal Revenue Service found the total deduction claimed on an itemized return by someone with an adjusted gross income between $30,000-$50,000 per year to be normally distributed with standard deviation $770. Suppose 20 IRS agents each randomly selects 10 returns and calculates the standard deviation of his/her sample. Approximately how many agents will calculate a standard deviation? $1000? Approximately 19 of the agents will calculate a standard deviation greater than or equal to what amount?

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Basic Statistics: Calculate a standard deviation
Reference No:- TGS0710549

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