Assuming that these wages constitute an entire population, find the standard deviation of the population. Round your answer to two decimal places. 16, 35, 13, 25, 36

ivybeibeidn

ivybeibeidn

Answered question

2022-09-30

Assuming that these wages constitute an entire population, find the standard deviation of the population. Round your answer to two decimal places.
16, 35, 13, 25, 36

Answer & Explanation

Krista Arroyo

Krista Arroyo

Beginner2022-10-01Added 4 answers

Population Standard deviation:
If the standard deviation is calculated for population then it is called as Population Standard deviation.
The formula for population standard deviation is,
σ = 1 N ( x i μ ) 2
The mean is calculated as follows:
μ = 16 + 35 + 13 + 25 + 36 5 = 125 5 = 25
The population standard deviation is,
σ = 1 5 [ ( 16 25 ) 2 + ( 35 25 ) 2 + ( 13 25 ) 2 + ( 25 25 ) 2 + ( 36 25 ) 2 ] = 1 5 446 = 9.446 9.44
The standard deviation of the population is 9.44.

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