What is the value of standard deviation obtained from the simulation results?
A) $9,175
B) $7,884
C) $3,860
D) $12,870

Question

Quizplus · Accepted Answer

The standard deviation is the square root of the variance. The variance is the average of the squared differences from the mean. The mean is the average of the data. The standard deviation is a measure of how spread out the data is. A higher standard deviation means that the data is more spread out. In this case, the standard deviation is $9,175.

What Is the Value of Standard Deviation Obtained from the Simulation