Statistics Question?

Posted on 2015-09-07 06:52:00 in Statistics by JOEY

Suppose you analyzed the average monthly credit card bill of gym membership customers using two randomly selected samples: one with 125 gym membership customers (Sample #1) and one with 112 gym membership customers (Sample #2). Every credit card customer in Sample #1 had a monthly credit card bill of $1965. Sample #2, on the other hand, had an average monthly credit card bill of $1845 with a variance of 1,262,711 ($)^2. If you combined these samples into one…

1. What is the combined monthly credit card bill median?

2. What is the shape of the combined monthly credit card bill distribution?

3. What would be the combined monthly credit card bill standard deviation?

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