What Would the Standard Deviation Be for the Following Data

question 79

Multiple Choice

What would the standard deviation be for the following data? 25, 27, 29, 20, 21

• A) 3.15
• B) 3.85
• C) 15
• D) 16.80

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Definitions:

Make-Or-Buy Decision

A strategic decision that businesses use to determine whether they should produce an item internally or buy it from an external supplier.

Supplier Relationships

The interactions and partnerships formed between a buying company and its suppliers, crucial for ensuring supply chain efficiency and resilience.

Services On Demand

The delivery of services exactly when they are needed or requested by customers, often facilitated by technology and the digital economy.

E-Purchasing

The process of buying goods and services via electronic means, particularly through the internet, for businesses or personal use.