Despite tuition skyrocketing, a college education is still valuable. recent calculations by the federal reserve bank in san francisco demonstrate a college degree is worth $830,000 in lifetime earnings compared to the average high school education. assume graduates in 2019 earn $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589. what is the standard deviation for this sample?

s = $13,014.22

Explanation:

Sample values: $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589

Sample size = 6

The standard deviation of a sample (s) is given by:

Where X is the sample mean, n is the sample size, and xi is each value in the sample.

The sample mean is given by:

The standard deviation is:

answer; strategic planning;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.