A Random Sample of 60 Students in the Business Statistics

question 142

Short Answer

A random sample of 60 students in the business statistics course answered a survey on the average number of hours they spent on statistics each week. Unfortunately, the original data were lost and all that remains is the frequency table below. From these data, calculate the estimated sample standard deviation.

---

Definitions:

Apparent Authority

Apparent authority refers to a situation where a person appears to have the agent's authority to act on behalf of another (the principal) due to the principal's actions, leading third parties to believe in the existence of such authority.

Manager

An individual responsible for controlling or administering all or part of a company or similar organization.

Contracts

Legal agreements between two or more parties that are enforceable by law.

Unauthorized Acts

Actions taken without the necessary permission or authority, often violating agreements or laws.