What is the standard deviation of this uniform distribution


Question: According to the National Association of Insurance Commissioners, the average annual cost for automobile insurance in the United States in a recent year was $691. Suppose automobile insurance costs are uniformly distributed in the United States with a range of from $200 to $1,182. What is the standard deviation of this uniform distribution? What is the height of the distribution? What is the probability that a person's annual cost for automobile insurance in the United States is between $410 and $825?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: What is the standard deviation of this uniform distribution
Reference No:- TGS02466602

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)