Find the standard deviation of the given data rounded to the nearest hundredth. 12, 53, 141, 219,500

STEP 1: Compute the mean

The mean of the dataset is the sum of the elements divided by their number:

STEP 2: Compute the residuals

You have to compute the difference between every element and the mean:

Step 3: Square the residuals:

Step 4: Sum the squared the residuals:

Step 5: Divide by the number of elements in the dataset:

Step 6: Consider the square root of the result:

The formula we used is

where is the standard deviation, are the elements in the dataset, is the number of elements in the dataset, and is the mean of the dataset.