shoppers were surveyed about their spending for holiday shopping. the standard deviation of the amount…

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

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

Answer

Brief Explanations:

The standard - deviation measures the amount of variation or dispersion of a set of values. It represents how far, on average, each data point is from the mean. So, a standard deviation of $125$ for the amount shoppers spent means the amount typically varies by about $125$ from the mean.

Answer:

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