Determine the mean and standard deviation of the amount of television watched (TVHOURS). If we…

Determine the mean and standard deviation of the amount of television watched (TVHOURS). If we assume that the distribution is bell shaped what do the two statistics tell you?

 

Calculate the mean and standard deviation of the annual incomes (RINCOME). Assuming that the distribution of incomes is very skewed what information do the mean and standard deviation give you?

 

Compute the mean and standard deviation of the ages (AGE) of the heads of households. Assuming that the distribution is bell shaped what do the mean and standard deviation tell you?

Find the mean and standard deviation of the incomes (INCOME) of the heads of households. We know that the distribution of income is extremely positively skewed. Briefly describe what the two statistics tell you about the distribution of incomes.

 

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