The total population of the town is 2270 people.
To calculate the z-statistic, we must first calculate the
standard error.
Standard error is standard deviation divided by the square
root of the population. In this case, it is equal to 2.68.
The z-score is defined the distance from the sample to the
population mean in units of standard error.
z = (195 – 208)/2.68 = -4.86
Bryan spends T=15x
320 divided by 15 is and average of $21 per week
Hundred thousand,ten thousand,hundred,ten,ones
Question A: The per capita debt would be $43,888.75.
Per capita means the amount per person. To find this amount, we need to take the total debt and divide it by the number of people.
13,561,623 divided by 309 = 43,888.75
For Question B, you will need to have the other CPI value from the table.