The following data reflect the number of customers who return merchandise for a refund on Monday. Note these data reflect the population of all 10 Mondays for which data are available. 40 12 17 25 9 46 13 22 16 7Based on these data, what is the standard deviation?

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Answer:

The standard deviation of given data is 12.36  

Step-by-step explanation:

We are given the following data in the question:

40, 12, 17, 25, 9, 46, 13, 22, 16,7

Formula:

[tex]\text{Standard Deviation} = \sqrt{\displaystyle\frac{\sum (x_i -\bar{x})^2}{n}}[/tex]  

where [tex]x_i[/tex] are data points, [tex]\bar{x}[/tex] is the mean and n is the number of observations.  

[tex]Mean = \displaystyle\frac{\text{Sum of all observations}}{\text{Total number of observation}}[/tex]

[tex]Mean =\displaystyle\frac{207}{10} = 20.7[/tex]

Sum of squares of differences =

372.49 + 75.69 + 13.69 + 18.49 + 136.89 + 640.09 + 59.29 + 1.69 + 22.09 + 187.69 = 1528.1

[tex]\sigma = \sqrt{\dfrac{1528.1}{10}} = 12.36[/tex]

Thus, the standard deviation of given data is 12.36

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