What Is the Standard Deviation (S) for This Set of Data

question 111

Multiple Choice

What is the standard deviation (s) for this set of data? 11, 7, 8, 12

• A) 2.06
• B) 2.38
• C) 5.67
• D) 9.50

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Definitions:

Throughput Accounting

An accounting method that focuses on the rate at which a company generates money through sales, emphasizing the bottlenecks in the production process.

Financial Measures

Metrics used to assess a company's performance in terms of profitability, liquidity, solvency, and operational efficiency.

Bottleneck

A point of congestion or blockage in a production system that significantly reduces efficiency.

Theory of Constraints

A management philosophy focusing on identifying and relieving bottlenecks in processes to improve performance.