Calculating the standard deviation from a frequency table.
Find the standard deviation of the data in the given frequency table. A company had 80 employees whose salaries are summarized in the frequency table below. Find the standard deviation.
Salary / Employees
5001-10000 / 17
10001-15000 / 16
15001-20000 / 20
20001-25000 /15
25001-30000 /12
https://brainmass.com/math/discrete-structures/calculating-the-standard-deviation-from-a-frequency-table-3333
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Assuming uniform distribution within each salary range (local means are in the midpoints), ...
$2.49