Answer:
The standard deviation is simply the square root of the variance. The average deviation, also called the mean absolute deviation, is another measure of variability. To calculate the average deviation, simply subtract the mean from each value, then sum and average the absolute values of the differences.
John bought the TV for . . . . $1,900
John sold the TV for . . . . . $750
John lost this much on the TV . . . (1,900 - 750) = $1,150
What fraction of the amount he paid did he lose ?
$1,150 / $1,900 = 0.6053 of the amount he paid never came back
What is this fraction as a percentage ?
0.6053 = 60.53 %
Rounded to one decimal place: <em>60.5 % </em>
John took a beating on that TV. I hope he got a lot of good use out of it while he had it.
Answer is 49/81, or (7/9)²
step by step in the pic below