First, get the difference between the price level changes.
Then, divide it by the initial price level, which is 109.
Multiply by 100 to get its percent.
Thefore, the inflation rate during the year is 3.67 percent.
In addition to mean and sample size you will need the individual scores.
The formula for standard deviation is:
S^2 = E(X-M)^2/N-1
Here's an example:
Data set: 4,4,3,1
Mean: 3
Sample size: 4
First, put the individual scores one after the other and subtract the mean from it.
4 - 3 = 1
4 - 3 = 1
3 - 3 = 0
1 - 3 = -2
Second, square the answers you got from step 1.
1^2 = 1
1^2 = 1
0^2 = 0
-2^2 = 4
Third, plug the values from step 2 into the formula.
S^2 = (1+1+0+4)/(4-1) = 6/3 = 2
Standard deviation = 2