Find the Sample Standard Deviation for the Given Data $\begin{array} { l l l l l l l } 0.559 & 0.189 & 0.527 & 0.183 & 0.3 & 0.316 & 0.657 \end{array}$

question 29

Multiple Choice

Find the sample standard deviation for the given data. Round your final answer to one more decimal place than that usedfor the observations.
-The manager of an electrical supply store measured the diameters of the rolls of wire in the inventory. The diameters of the rolls (in m) are listed below. $\begin{array} { l l l l l l l } 0.559 & 0.189 & 0.527 & 0.183 & 0.3 & 0.316 & 0.657 \end{array}$

• A)\(1.2809 \mathrm {~m}\)
• B) \(1.0655 \mathrm {~m}\)
• C) \(0.1895 \mathrm {~m}\)
• D) \(0.1830 \mathrm {~m}\)

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Definitions:

Selling Price

The amount for which a product or service is sold to the customer.

Margin Of Safety

The difference between actual sales and breakeven sales, quantifying how much output or sales level can drop before a business incurs a loss.

Variable Expenses

Costs that change in direct proportion to changes in the level of activity or production volume, such as raw material costs.

Break-even Point

The point at which total revenue equals total costs, and no profit is earned or lost, often used to determine the feasibility of a business venture or product.