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SCENARIO 3-3
The ordered array below represents the number of vitamin supplements sold by a health food store in
a sample of 16 days.
19, 19, 20, 20, 22, 23, 25, 26, 27, 30, 33, 34, 35, 36, 38, 41
Note: For this sample, the sum of the values is 448, and the sum of the squared differences between
each value and the mean is 812.
-Referring to Scenario 3-2,the variance of the carbohydrate amounts is_____ (grams squared).
Coefficient of Variation
A uniform metric showing the spread of a probability or frequency distribution as a percentage relative to the average.
Standard Deviation
A statistic that measures the dispersion or variation of a set of data points from their mean.
Variance
A measure of how much the values in a dataset vary or deviate from the mean, technically the average of the squared differences from the Mean.
Coefficient of Variation
A normalized measure of the dispersion of a probability distribution or frequency distribution, often expressed as a percentage.
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