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Find the Variance for the Given Data

question 4

Multiple Choice

Find the variance for the given data. Round your answer to one more decimal place than the original data.
-22, 29, 21, 24, 27, 28, 25, 36

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Definitions:

Sequential Game

Game in which players move in turn, responding to each other’s actions and reactions.

Equilibrium

A condition where the supply and demand in the market are in equilibrium, leading to steady prices.

Noncooperative Behavior

Actions by individuals or entities where they do not cooperate or coordinate their strategies with others, often leading to suboptimal outcomes.

Repeated Games

Games in which players encounter the same or similar situations multiple times, allowing for strategy evolution based on past outcomes.

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