SOLUTION: All 5 members of a family work. Their hourly wages in dollars are..14,8,25,28,30. Assuming these wages constitute an entire population find the standard deviation of the population
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Question 1140327: All 5 members of a family work. Their hourly wages in dollars are..14,8,25,28,30. Assuming these wages constitute an entire population find the standard deviation of the population? round answer to two decimal points Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! the mean of these numbers is 21 (105/5)
the sd is the sum of the squared deviations from 21 divided by 5
that is 49+169+16+49+81 divided by 5
364/5=72.8
sqrt(72.8)=8.53
