The UK currently has a progressive income tax system on earnings. The rules are as follows: Any earnings under 11,500 GBP are ta
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Given:
The variance of a distribution = 195.
To find:
The standard deviation, rounded to the nearest thousandth.
Solution:
Standard deviation of a distribution is the square root of the variance of the distribution.
Here, the standard deviation of the distribution is
Therefore, the standard deviation is 13.964.