To calculate : The standard deviation and variance for the given credit card data.
The standard deviation and variance of the given data is
Given information :
The data is:
Year | U.S. Credit Card Debt (in billions of dollars) |
Formula used :
The standard deviation of a population
Variance
Calculation :
Consider the given data and present it in tabular form as below:
Find the mean of the given data.
Find the standard deviation
Find the variance for the given data.
Therefore, the standard deviation and variance of the given data is
Chapter 10 Solutions
PRECALCULUS:GRAPHICAL,...-NASTA ED.
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