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 $38,632, $35,714, $42,992, $34,312, $56,156 and $49,568. What is the standard deviation for this sample? Note: Round your intermediate calculations and final answer to the nearest whole number. Standard deviation

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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 $38,632, $35,714, $42,992, $34,312, $56,156 and $49,568
What is the standard deviation for this sample?
Note: Round your intermediate calculations and final answer to the nearest whole number.
Standard deviation
Transcribed Image Text:bok nt 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 $38,632, $35,714, $42,992, $34,312, $56,156 and $49,568 What is the standard deviation for this sample? Note: Round your intermediate calculations and final answer to the nearest whole number. Standard deviation
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