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Find the Variance for the Given Data 0.1890.5180.6650.5680.1490.5730.202\begin{array} { l l l l l l l } 0.189 & 0.518 & 0.665 & 0.568 & 0.149 & 0.573 & 0.202\end{array}

question 23

Multiple Choice

Find the variance for the given data. Round your answer to one more decimal place than the original data.
-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. Compute the standard deviation s. 0.1890.5180.6650.5680.1490.5730.202\begin{array} { l l l l l l l } 0.189 & 0.518 & 0.665 & 0.568 & 0.149 & 0.573 & 0.202\end{array}


Definitions:

Demand Graph

A visual representation of the relationship between the price of a good or service and the quantity demanded by consumers.

Farm Product

Goods that are produced by farming activities, including crops, livestock, and products derived from them like milk or wool.

Inelastic Demand

Describes a market situation where the demand for a product does not significantly change in response to changes in its price.

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