Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco demonstrate a college degree is worth $800,000 in lifetime earnings compared to the average high school education. If graduates earn $37,632, $35,794, $43,392, $34,752, $70,591 and $48,368. What is the standard deviation for this sample? Note: Round your intermediate calculations and final answer to the nearest whole number. Answer is complete but not entirely correct. Standard deviation $ 12,335

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco
demonstrate a college degree is worth $800,000 in lifetime earnings compared to the average high school education. If graduates
earn $37,632, $35,794, $43,392, $34,752, $70,591 and $48,368.
What is the standard deviation for this sample?
Note: Round your intermediate calculations and final answer to the nearest whole number.
Answer is complete but not entirely correct.
Standard deviation
$ 12,335
Transcribed Image Text:Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco demonstrate a college degree is worth $800,000 in lifetime earnings compared to the average high school education. If graduates earn $37,632, $35,794, $43,392, $34,752, $70,591 and $48,368. What is the standard deviation for this sample? Note: Round your intermediate calculations and final answer to the nearest whole number. Answer is complete but not entirely correct. Standard deviation $ 12,335
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