Find the Population Standard Deviation for the Following Data Set

question 123

Multiple Choice

Find the population standard deviation for the following data set: 20 18 15 12 24

• A) 17
• B) 4.6
• C) 21.2
• D) 4.1

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Definitions:

Total Variable Cost

The sum of all variable costs that change with the level of production, including materials, labor, and variable overhead.

Units Sold

The total quantity of products sold by a company during a specific period.

Variable Cost

Variable expenses that are closely aligned with the level of production or the volume of sales, for example, raw materials and direct labor.

Total Variable Cost

The total of all expenses that fluctuate based on the amount of goods produced or sold, including raw materials and wages for workers directly involved in production.