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 $40,632, $35,554, $42,192, $34,432, $69,479 and $43,589. What is the variance for this sample (round your intermediate calculations and final answer to the nearest whole number) Also, what is the standard deviation for this sample?

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Step 1 Calculate the mean Mean x 1 x 2 x n n Mean ... View the full answer