Find the Standard Deviation for the Given Data $7,15,14,10,10,9,19,19,12$ A) $4.6$ B) $1.6$

question 158

Multiple Choice

Find the standard deviation for the given data. Round your answer to one more decimal place than the original data.
- $7,15,14,10,10,9,19,19,12$

• A) \(4.6\)
• B) \(1.6\)
• C) \(4.0\)
• D) \(4.3\)

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Definitions:

Long-Run Supply Curve

A graphical representation showing the relationship between price and the quantity supplied over time, when all inputs can be adjusted.

Competitive Market

A market structure characterized by many buyers and sellers, resulting in competition that influences prices and product offerings.

Limited Quantities

Refers to the restricted availability of goods or resources, which can affect pricing, demand, and supply conditions.

Opportunity Costs

The penalty of bypassing the next most advantageous option when a decision is made.