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Find the variance for the given data. Round your answer to one more decimal place than the original data.
-The manager of a small dry cleaner employs six people. As part of their personnel file, she asked each one to record to the nearest one-tenth of a mile the distance they travel one way from home to work. The six distances are listed below:
Compute the standard deviation s.
Unit Quantity Discounts
Price reductions given to customers for purchasing goods in large volumes or quantities.
Lot Size
The quantity of items that are processed, ordered, produced, or delivered as a single batch or unit.
Average Inventory
The mean amount of inventory a business has in stock over a certain period, calculated to assess inventory efficiency.
Flow Time
The total time a product or service takes to move through a production system, from start to finish.
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