3-36. The branch manager for the Commercial Savings & Trust Bank has been asked to prepare a presentation for next week’s board meeting. At the presentation, she will discuss the status of her branch’s loans issued for recreation vehicles (RVs). In particular, she will analyze the loan balances for a sample of ten RV loans. The following data were collected:

 

11,509

18,626

8,088

4,917

13,415

11,740

17,028

16,393

16,754

8,757

 

a. Compute the mean loan balance. 답) 12722.7

b. Compute the loan balance standard deviation 답) 1430.467

c. Write a one-paragraph statement that uses the statistics computed in parts a and b to describe the RV loan data at the branch


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