In February, Paul's electric bill was three dollars more then one-half his gas bill. If the electric bill was ninety-two dollars
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To compute the mean, you simply have to sum all the elments in the data set and the divide the sum by the number of elements:
To compute the variance, we first need to compute the distance of each element from the mean. To do so, we build a "parallel" dataset, given by the difference of every value and the mean:
Now we need those difference squared:
The variance is the mean of this new vector, so
Finally, the standard deviation is simply the square root of the variance, so you have