Question: Samples from the mine show the following percentages of gold:
1.1, 0.3, 1.5, 0.4, 0.8, 2.2, 0.7, 1.4, 0.2, 4.5, 0.2, 0.8
a. Compute and interpret the sample standard deviation.
b. Compute and interpret the coefficient of variation.
c. Which data value has the largest positive deviation? Why is this location special to you?
d. How many standard deviations above the mean is the data value with the largest positive deviation?