The wholesale price for a shirt is $6.50. A certain department store marks up the wholesale price by 60% . Find the price of the shirt in the department store. Round your answer to the nearest cent, as necessary.

Sample variance = 228.408

Standard deviation = 15.113

The well formatted frequency table has been attached to this response.

To calculate the sample variance and standard deviation of the given grouped data, follow these steps:

i. Find the midpoint (m) of the class interval.

This is done by adding the lower bounds and upper bounds of the class intervals and dividing the result by 2. i.e

For class 0 - 9, we have

m = (0 + 9) / 2 = 4.5

For class 10 - 19, we have

m = (10 + 19) / 2 = 14.5

For class 20 - 29, we have

m = (20 + 29) / 2 = 24.5

For class 30 - 39, we have

m = (30 + 39) / 2 = 34.5

For class 40 - 49, we have

m = (40 + 49) / 2 = 44.5

This is shown in the third column of the attached table.

ii. Find the product of each of the frequencies of the class intervals and their corresponding midpoints. i.e

For class 0 - 9, we have

frequency (f) = 13

midpoint (m) = 4.5

=> f x m = 13 x 4.5 = 58.5

For class 10 - 19, we have

frequency (f) = 7

midpoint (m) = 14.5

=> f x m = 7 x 14.5 = 101.5

For class 20 - 29, we have

frequency (f) = 10

midpoint (m) = 24.5

=> f x m = 10 x 24.5 = 245

For class 30 - 39, we have

frequency (f) = 9

midpoint (m) = 34.5

=> f x m = 9 x 34.5 = 310.5

For class 40 - 49, we have

frequency (f) = 11

midpoint (m) = 44.5

=> f x m = 11 x 44.5 = 489.5

This is shown in the fourth column of the attached table.

iii. Calculate the mean (x) of the distribution i.e

This is done by finding the sum of all the results in (ii) above and dividing the outcome by the sum of the frequencies. i.e

x = ∑(f x m) ÷ ∑f

Where;

∑(f x m) = 58.5 + 101.5 + 245 + 310.5 + 489.5 = 1205

∑f = 13 + 7 + 10 + 9 + 11 = 50

=> x = 1205 ÷ 50

=> x = 24.1

Therefore, the mean is 24.1

This is shown on the fifth column of the attached table.

iv. Calculate the deviation of the midpoints from the mean.

This is done by finding the difference between the midpoints and the mean. i.e m - x where x = mean = 24.1 and m = midpoint

For class 0 - 9, we have

midpoint (m) = 4.5

=> m - x = 4.5 - 24.1 = -19.6

For class 10 - 19, we have

midpoint (m) = 14.5

=> m - x = 14.5 - 24.1 = -9.6

For class 20 - 29, we have

midpoint (m) = 24.5

=> m - x = 24.5 - 24.1 = 0.4

For class 30 - 39, we have

midpoint (m) = 34.5

=> m - x = 34.5 - 24.1 = 10.4

For class 40 - 49, we have

midpoint (m) = 44.5

=> m - x = 44.5 - 24.1 = 20.4

This is shown on the sixth column of the attached table.

v. Find the square of each of the results in (iv) above.

This is done by finding (m-x)²

For class 0 - 9, we have

=> (m - x)² = (-19.6)² = 384.16

For class 10 - 19, we have

=> (m - x)² = (-9.6)² = 92.16

For class 20 - 29, we have

=> (m - x)² = (0.4)² = 0.16

For class 30 - 39, we have

=> (m - x)² = (10.4)² = 108.16

For class 40 - 49, we have

=> (m - x)² = (20.4)² = 416.16

This is shown on the seventh column of the attached table.

vi. Multiply each of the results in (v) above by their corresponding frequencies.

This is done by finding f(m-x)²

For class 0 - 9, we have

=> f(m - x)² = 13 x 384.16 =  4994.08

For class 10 - 19, we have

=> f(m - x)² = 7 x 92.16 = 645.12

For class 20 - 29, we have

=> f(m - x)² = 10 x 0.16 = 1.6

For class 30 - 39, we have

=> f(m - x)² = 9 x 108.16 = 973.44

For class 40 - 49, we have

=> f(m - x)² = 11 x 416.16 = 4577.76

This is shown on the eighth column of the attached table.

vi. Calculate the sample variance.

Variance σ², is calculated by using the following relation;

σ² = ∑f(m-x)² ÷ (∑f - 1)

This means the variance is found by finding the sum of the results in (vi) above and then dividing the result by one less than the sum of all the frequencies.

∑f(m-x)² = sum of the results in (vi)

∑f(m-x)² = 4994.08 + 645.12 + 1.6 + 973.44 + 4577.76 = 11192

∑f - 1 = 50 - 1 = 49         {Remember that ∑f was calculated in (iii) above}

∴ σ² = 11192 ÷ 49 = 228.408

Therefore, the variance is 228.408

vii. Calculate the standard deviation

Standard deviation σ, is calculated by using the following relation;

σ =√ [ ∑f(m-x)² ÷ (∑f - 1) ]

This is done by taking the square root of the variance calculated above.

σ =

σ = 15.113

Therefore, the standard deviation is 15.113