Sample salaries (in dollars) of high school teachers are listed. Find the sample mean and standard deviation of the data.

49,632
54,619
58,298
48,250
51,842
50,875
43,219
49,924

1 answer

The sample mean is the sum divided by 8 (the number of people) Call than number Xm.

The standard deviation is the square root of the average of [Salary ^2] - Xm^2.

You could also calculate it as the square root of the average of [Salary -Xm)^2

The first way is faster.