Assignment:
Consider the dollar value (in thousands) of gifts returned to each of your department stores after the holiday season.
a. Compute the sample standard deviation.
b. Interpret the standard deviation in a paragraph discussing the variation from one store to another.
Gifts Returned ($ thousands) |
Store |
Returned |
A |
13 |
B |
8 |
C |
36 |
D |
18 |
E |
6 |
F |
21 |
Provide complete and step by step solution for the question and show calculations and use formulas.