Use the Range Rule of Thumb to Estimate the Standard $\begin{array} { l l l l l l } 3.5 & 1.6 & 2.4 & 3.7 & 4.1 & 3.9 \end{array}$

question 45

Multiple Choice

Use the range rule of thumb to estimate the standard deviation to the nearest tenth.
- $\begin{array} { l l l l l l } 3.5 & 1.6 & 2.4 & 3.7 & 4.1 & 3.9 \end{array}$
$\begin{array} { l l l l l l } 1.0 & 3.6 & 4.2 & 3.4 & 3.7 & 2.2 \end{array}$

• A)12.0
• B)1.1
• C)1.4
• D)0.8

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Definitions:

Principals

The main parties involved in a financial transaction or agreement, often referring to the owners or significant stakeholders.

Gross Cost

The total cost of a product or service before any deductions, discounts, or allowances are applied; the raw cost of an item.

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service, especially a percentage of the money received from a total paid to the agent responsible for the business.

Principals

The original amount of money invested or loaned, on which basis interest and returns are calculated.