Questions: The following data are the distances from the workplace (in miles) for the 5 employees of a small business 4, 4, 19, 4, 19. Assuming that these distances constitute an entire population, find the standard deviation of the population. Round your answer to two decimal places.
Transcript text: The following data are the distances from the workplace (in miles) for the 5 employees of a small business $4,4,19,4,19$ Assuming that these distances constitute an entire population, find the standard deviation of the population. Round your answer to two decimal places. $\square$
Solution
Solution Steps
Step 1: Calculate the Mean
To find the mean \( \mu \) of the distances, we use the formula:
\[
\mu = \frac{\sum_{i=1}^N x_i}{N}
\]
Given the distances \( x_1 = 4, x_2 = 4, x_3 = 19, x_4 = 4, x_5 = 19 \), we calculate:
\[
\sum x_i = 4 + 4 + 19 + 4 + 19 = 50
\]
The number of employees \( N = 5 \). Thus, the mean is:
\[
\mu = \frac{50}{5} = 10.0
\]
Step 2: Calculate the Variance
The variance \( \sigma^2 \) is calculated using the formula:
\[
\sigma^2 = \frac{\sum (x_i - \mu)^2}{N}
\]
First, we find \( (x_i - \mu)^2 \) for each distance: