1. Measure spending variability for utilities across four months
| Category | January | February | March | April |
| Utilities | 160 | 145 | 155 | 162 |
| Groceries | 620 | 595 | 610 | 615 |
| Gas | 210 | 195 | 208 | 205 |
=STDEV.P(160,145,155,162)Result: 6.58
The actual utility spending across four months is 160, 145, 155, and 162. The population standard deviation is 6.58, indicating moderate month-to-month fluctuation. Since these are all the months in the dataset, STDEV.P treats them as the entire population.