Find the Midrange for the Given Sample Data $$\begin{array} { l l l l l } 0.71 & 0.69 & 0.82 & 1.45 & 1.34 \\1.06 & 0.67 & 1.24 & 1.16 & 0.79\end{array}$$

question 91

Multiple Choice

Find the midrange for the given sample data.
-The weights (in ounces) of 10 cookies are shown. $$\begin{array} { l l l l l } 0.71 & 0.69 & 0.82 & 1.45 & 1.34 \\1.06 & 0.67 & 1.24 & 1.16 & 0.79\end{array}$$ Compute the variance.

• A)0.064
• B)0.077
• C)0.086
• D)0.07

Identify the function and importance of surety bonds in contractual agreements.

Explain the right of subrogation by an insurance company.

Discuss the requirements set by insurance contracts for insured parties to maintain safety and security standards.

Understand the concept of externalities and their impact on social welfare.

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