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Consider the summary statistics from the previous question. The residents pay $0.015 per gallon of usage. What is the standard deviation of the amount paid for monthly water usage

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MrRoyal

The standard deviation of the amount paid for monthly water usage is $35.25

How to determine the standard deviation?

From the summary statistics, we have:

Standard deviation, σ = 2350

Rate = $0.015

The standard deviation of the amount is calculated using:

σ = Standard deviation * rate

This gives

σ = 2350 * $0.015

Evaluate

σ = $35.25

Hence, the standard deviation of the amount paid for monthly water usage is $35.25

Read more about standard deviation at:

https://brainly.com/question/13179318

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