A survey of interest rates for time deposit of banking institutions in Metro Manila and those in a selected city in Visayas revealed the following rates Cities in Visayas Cities in Metro Manila 4.25% 5.10% 4.75% 6.25% 4.28% 4.00% 5.28% 5.65% 4.85% 5.80% 3.99% 4.33% 6.00% 5.21% 4.31% 4.21% 1. Find the variance and standard deviation of the time deposit rates for the cities of Metro Manila and for the cities of Visayas 2. Are the interest rates higher in Metro Manila or those in Visayas?

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