Solution-Find the average value above which only 15 percent

Find the average value above which only 15 percent would lie

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The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $5.042 thous and $1.551 thous respectively. If a sample of 110 artists was taken, find the average value above which only 15% would lie. Give your answer in dollars to the nearest dollar

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Find the average value above which only 15 percent would lie

Reference no: EM131145547

Reference no: EM131145547

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