In a Statistics Class, 10 Scores Were Randomly Selected with the Following

question 125

Multiple Choice

In a statistics class, 10 scores were randomly selected with the following results (mean = 71.5) : 74, 73, 77, 77, 71, 68, 65, 77, 67, 66. What is the standard deviation?

• A) 22.72
• B) 12.00
• C) 4.77
• D) 516.20
• E) 144.00

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Definitions:

Small Businesses

Enterprises with limited resources and workforce, often characterized by local operation and lower volume of sales.

Dominate Industry

To hold a commanding or leading position in a particular market or sector.

Independently Owned

Independently owned describes a business or enterprise that is owned by an individual or a private group, not part of a larger corporation or conglomerate.

Succession Plan

A strategy for identifying and developing future leaders within an organization, to ensure continuity in key positions.