Find the Standard Deviation for the Given Data $\begin{array} { l l l l l l l } 40 & 20 & 37 & 20 & 17 & 49 & 72 \end{array}$

question 3

Multiple Choice

Find the standard deviation for the given data. Round your answer to one more decimal place than the original data.
- $\begin{array} { l l l l l l l } 40 & 20 & 37 & 20 & 17 & 49 & 72 \end{array}$

• A) 37
• B) \(19.8\)
• C) \(9289.3\)
• D) 11,643

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Definitions:

Sales

The total amount of money generated from selling goods or services.

Degree of Operating Leverage

A ratio that measures the sensitivity of a company's operating income to a percentage change in revenue.

High-low Method

A technique used in accounting and finance to estimate variable and fixed components of a cost based on the highest and lowest activity levels.

Cost Analysis

The process of assessing the costs involved in carrying out a particular business activity or project.