The sales of five salesgirls on a certain day are as follows; GH¢ 26.00, GH¢ 39.00, GH¢ 33.00, GH¢ 25.00 and GH¢ 37.00. Calculate the standard deviation if ...
The sales of five salesgirls on a certain day are as follows; GH¢ 26.00, GH¢ 39.00, GH¢ 33.00, GH¢ 25.00 and GH¢ 37.00. Calculate the standard deviation if the mean sale is GH¢ 32.00.
Answer Details
To calculate the standard deviation, we need to first find the deviations of each sale from the mean sale, square them, sum them up, divide by the total number of sales, and then take the square root of the result.
The mean sale is GH¢ 32.00, so the deviations of each sale from the mean are:
- GH¢ -6.00
- GH¢ 7.00
- GH¢ 1.00
- GH¢ -7.00
- GH¢ 5.00
Squaring these deviations, we get:
- 36
- 49
- 1
- 49
- 25
Summing these up, we get:
36 + 49 + 1 + 49 + 25 = 160
Dividing by the total number of sales (which is 5), we get:
160/5 = 32
Taking the square root of this result, we get:
sqrt(32) = 5.66
Therefore, the standard deviation is GH¢ 5.66. So the answer is.