Silver Tin 23.8 13.4 31.21 12.83 35.24 15.75 20.2 12.4 14.69 8.37 15 11.29 13.41 8.99 11.57 5.65 7.34 4.83 Download data Part 1 out of 3 Find the standard deviation of the price of silver. The standard deviation of the price of silver is S

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The data shows the price of silver and the price of tin over a recent 9 year period. 

### Understanding Standard Deviation of Silver Prices

Below is a dataset presenting the prices of Silver and Tin over a specific period:

| **Silver** | **Tin**  |
|------------|----------|
| 23.8       | 13.4     |
| 31.21      | 12.83    |
| 35.24      | 15.75    |
| 20.2       | 12.4     |
| 14.69      | 8.37     |
| 15         | 11.29    |
| 13.41      | 8.99     |
| 11.57      | 5.65     |
| 7.34       | 4.83     |

You can download this dataset for further analysis by clicking [Download data](#).

#### Exercise: Calculate the Standard Deviation of Silver Prices

**Part 1 out of 3**

**Objective:** Find the standard deviation of the price of silver.

**Instructions:** 
1. Use the dataset provided.
2. Apply the formula for standard deviation.
3. Validate your result by entering it below.

The standard deviation of the price of silver is $_____.

**Note:** The standard deviation provides insight into the variability or dispersion of the prices from their average value. Higher standard deviation indicates greater variability.

**Interactive Check:**
Click the "CHECK" button to validate your calculated standard deviation.

---

### Additional Resources
- [Understanding Standard Deviation: Video Tutorial](#)
- [How to Download and Use Datasets](#)

For any further queries, feel free to contact our support team.
Transcribed Image Text:### Understanding Standard Deviation of Silver Prices Below is a dataset presenting the prices of Silver and Tin over a specific period: | **Silver** | **Tin** | |------------|----------| | 23.8 | 13.4 | | 31.21 | 12.83 | | 35.24 | 15.75 | | 20.2 | 12.4 | | 14.69 | 8.37 | | 15 | 11.29 | | 13.41 | 8.99 | | 11.57 | 5.65 | | 7.34 | 4.83 | You can download this dataset for further analysis by clicking [Download data](#). #### Exercise: Calculate the Standard Deviation of Silver Prices **Part 1 out of 3** **Objective:** Find the standard deviation of the price of silver. **Instructions:** 1. Use the dataset provided. 2. Apply the formula for standard deviation. 3. Validate your result by entering it below. The standard deviation of the price of silver is $_____. **Note:** The standard deviation provides insight into the variability or dispersion of the prices from their average value. Higher standard deviation indicates greater variability. **Interactive Check:** Click the "CHECK" button to validate your calculated standard deviation. --- ### Additional Resources - [Understanding Standard Deviation: Video Tutorial](#) - [How to Download and Use Datasets](#) For any further queries, feel free to contact our support team.
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