Answer:
Step-by-step explanation:
The prices he was quoted are listed below: $663, $273, $410, $622, $174, $374
We would first determine the mean.
Mean = sum of terms in the data/ number of terms in the data.
Sum of terms =
663 + 273 + 410 + 622 + 174 + 374
= 2516
Number of terms = 6
Mean = 2516/6 = 419.33
Standard deviation = √summation(x - m)^2/n
summation(x - m)^2/n = (663 - 429.33)^2 + (273 - 419.33)^2 + (410 - 419.33)^2 + (622 - 419.33)^2 + (174 - 419.33)^2 + (374 - 419.33)^2
= 179417.9334/6 = 29902.9889
Standard deviation = √29902.9889
= 172.9
