The sample of eight companies in the aerospace industry, referred to in Exercise 36, was surveyed as to their return on investment last year. The results are: 10.6, 12.6, 14.8, 18.2, 12.0, 14.8, 12.2, and 15.6.

. Compute the sample variance.
. Determine the sample standard deviation.

Sample Variance = 6.008

Sample standard deviation = 2.451

Step-by-step explanation:

We are given the following in the question:

10.6, 12.6, 14.8, 18.2, 12.0, 14.8, 12.2, 15.6

Formula:

where are data points, is the mean and n is the number of observations.  

Sum of squares of differences = 42.06

Standard Deviation =

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see attached graph