The following data values represent the daily amount spent by a family during a 7 day summer vacation. Find the sample standard deviation of this dataset: $96, $125, $80,$110, $75, $100,8121 Round the final answer to one decimal place. . Provide your answer below std

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30-11-2022
Mathematics

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The following data values represent the daily amount spent by a family during a 7 day summer vacation. Find the sample standard deviation of this dataset: $96, $125, $80,$110, $75, $100,8121 Round the final answer to one decimal place. . Provide your answer below std

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abhinavjh321 abhinavjh321 · Answer 1 · 2022-12-03T16:44:45+01:00

The sample standard deviation of the following dataset is dev = $22.4 : $96, $125, $80,$110, $75, $100,8121.

The square root of the variance of a random variable, sample, mean ,statistical population, data set, or probability distribution is that variable's standard deviation. Although less robust in practice, it is algebraically simpler than the average absolute deviation.The fact that the standard deviation is expressed in the same unit as the data, as opposed to the variance, is a useful characteristic of the statistic.

Learn more about standard deviation here

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