The standard deviation is the square root of the variance:
Standard Deviation=738315.25≈858.71
Final Answer:
The standard deviation of the given data set is approximately 858.71.
Would you like further details on how this is calculated, or do you have any questions?
Here are some related questions for you:
How do you calculate the sample standard deviation instead of population standard deviation?
What does the standard deviation tell us about a data set?
How can the presence of outliers affect the standard deviation?
What is the difference between variance and standard deviation?
How does the range of data points influence the standard deviation?
Tip: When working with data sets that include outliers, the standard deviation might be heavily influenced, so always check for extreme values before concluding.
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Math Problem Analysis
Mathematical Concepts
Statistics Standard Deviation Variance Mean
Formulas
Mean = (Σx_i) / N Variance = (Σ(x_i - μ)^2) / N Standard Deviation = √Variance