Data Set 2C Suppose That the Lengths of Employment (In Years) of 7

question 4

Multiple Choice

Data Set 2C
Suppose that the lengths of employment (in years) of 7 employees of a small company are as follows:
1, 2, 2, 3, 4, 4, 5
-For Data Set 2C, what is the approximate standard deviation?

• A) √1.8
• B) 1.1
• C) 1.4
• D) 2
• E) √1.7

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Definitions:

Short-term Investments

Financial instruments and assets that are expected to be converted into cash or sold within a period of one year or less.

Liabilities

Financial obligations or debts owed by a company to external parties, which must be settled over time through the transfer of assets, provision of services, or other means.

Future Transactions

Financial dealings or agreements set to occur at a future date, often involving the purchase or sale of goods, services, or assets.

Separate Entity Assumption

Business transactions are separate from the transactions of owners.