The Following Data Represent the Ages (In Years) of a Sample

question 89

Essay

The following data represent the ages (in years) of a sample of 25 employees from a government
department: $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline 31 & 43 & 56 & 23 & 49 & 42 & 33 & 61 & 44 & 28 \\\hline 48 & 38 & 44 & 35 & 40 & 64 & 52 & 42 & 47 & 39 \\\hline 53 & 27 & 36 & 35 & 20 & & & & & \\\hline\end{array}$$ Compute the sample variance and sample standard deviation.

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Definitions:

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers, often using data analysis to study large amounts of information.

Lasting Relationships

Long-term associations formed between individuals or organizations based on trust, mutual benefits, and shared values.

Process Value Analysis

A business methodology focused on increasing the efficiency of processes by analyzing their inputs and outputs.

Core Processes

Fundamental business processes that are essential to the operation of a company and its ability to provide value to customers.