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Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco demonstrate a college degree is worth
Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Francisco demonstrate a college degree is worth $800,000 in lifetime earnings compared to the average high school education. Assume graduates in 2017 earn $37,132, $35,834, $43,592, $42,587, $56,712 and $47,768. What is the variance for this sample? (Round your intermediate calculations and final answer to the nearest whole number.). Show all work.
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