Mean as well as standard deviation using uniform


Mean as well as standard deviation using uniform distribution

An auditor for a medical insurance company chooses a random sample of prescription drug claims for valuation of correct payment by company experts. The claims were chosen at random from a database of 677100 claims by using uniform random numbers between 1 as well as 677,100. To confirm that the random numbers really were from a uniform distribution the auditor computed the mean and standard deviation of the random numbers. What must the mean and standard deviation be if these were uniformly distributed random integers?

Mean

Standard deviation

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Mean as well as standard deviation using uniform
Reference No:- TGS021211

Expected delivery within 24 Hours