The standard deviation is 4.95.
The standard deviation is the average amount of variability in your dataset. It tells you, on average, how far each value lies from the mean.
A high standard deviation means that values are generally far from the mean, while a low standard deviation indicates that values are clustered close to the mean. The standard deviation and the mean together can tell you where most of the values in your frequency distribution lie if they follow a normal distribution.
Dataset: 1,2,4,7,8
So, n = 5 (because the sample size is 5)
We calculate the mean X by taking the average of the data values, which is dividing the sum of the data values by the number of data values:
X = 1+2+4+7+8/5
X=22/5 = 4.4
So, the average is 4.4
For standard deviation calculation,
$ = [tex]{\sqrt{(x-X)^2/n-1} }[/tex]
Thus, the standard deviation is 4.95.
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