Question

Shoppers were surveyed about their spending for holiday shopping. The standard deviation of the amount shoppersspent was $125. Which of the following is the best interpretation of this value?O Fifty percent of the amount shoppers spent is above $125.O The middle half of the amount shoppers spent has a range that is $125 wide.o The amount shoppers spent typically varies by about $125 from the mean.O The difference between the largest and smallest amounts shoppers spent was $125.

Answer 1

The amount shoppers spent typically varies by about $125 from the mean.

Step-by-step explanation:

Standard deviation is a quantity used to measure how much a set of data differs from the mean.

So, Given the scenario in the question;

The standard deviation of the amount shoppers spent was $125.

That means that the amount shoppers spent differs/varies from the mean by about $125.

So, the best interpretation of this value is;

The amount shoppers spent typically varies by about $125 from the mean.