If Σ(X - M)² = 235,and N = 29,what Is

question 51

Multiple Choice

If Σ(X - M) ² = 235,and n = 29,what is s?

• A)8.10
• B)8.39
• C)2.90
• D)43.64

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Definitions:

Product Price

refers to the amount of money required to purchase a specific good or service offered by a business.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market balance.

Market Demand

The total demand for a product or service within a particular market, including all consumers' willingness and ability to purchase at various prices.

Purely Competitive Market

A market structure characterized by a large number of firms or sellers, each of which has a relatively small market share and sells a homogeneous product, with no single firm able to influence market price.