Suppose an investment of $6,600 doubles in value every 8 years. How much is the investment worth after 40 years?
1 answer:
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Answer:
Standard deviation of a normal data distribution is a measure of data dispersion.
Step-by-step explanation:
Standard deviation is used to measure dispersion which is present around the mean data.
The value of standard deviation will never be negative.
The greater the spread, the greater the standard deviation.
Steps-
1. At first, the mean value should be discovered.
2.Then find out the square of it's distance to mean value.
3.Then total the values
4.Then divide the number of data point.
5.the square root have to be taken.
Formula-
SD=
Advantage-
It is used to measure dispersion when mean is used as measure of central tendency.