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Find the standard deviation for the given sample data. Round your answer to one more decimal place than is present in
the original data.
-Listed below are the amounts of time (in months) that the employees of a restaurant have been working at the restaurant.
Inferior Good
A category of products whose demand diminishes when consumer income rises, in opposition to normal goods.
Wage Rate
The fixed amount of compensation or payment provided to an employee by an employer in return for work performed, typically expressed per hour or year.
Utility Maximizer
An individual or entity that seeks to achieve the highest level of satisfaction possible from their consumption choices, given their resources.
Net Seller
An individual or entity that sells more than it purchases in a given market, often resulting in a net inflow of funds.
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