
Explanation:
The sample mean is calculated as:
The sample variance is calculated using:
34.53`^2 = 1192.3209
$`$100` \times 1192.3209 = 119,232.09800`,536 - 119,232.09 = 681,303.91
s^2 = \frac{681,303.91}{99} = 6881.857677
### Standard Deviations = \sqrt{6881.857677} = 82.96
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A sample of 100 monthly profits gave out the following data:
What is the sample mean and standard deviation of the monthly profits?
A
Sample Mean = 33.53, Standard deviation = 85.99
B
Sample Mean = 34.53, Standard deviation = 82.96
C
Sample Mean = 43.53, Standard deviation = 89.99
D
Sample Mean = 33.63, Standard deviation = 65.99