Find the Variance for the Given Data $\$ 293 \quad \$ 212 \quad \$ 440 \quad \$ 197 \quad \$ 446 \quad \$ 145 \quad \$ 342 \quad \$ 212$

question 32

Multiple Choice

Find the variance for the given data. Round your answer to one more decimal place than the original data.
-To get the best deal on a CD player, Tom called eight appliance stores and asked the cost of a specific model. The prices he was quoted are listed below:
$\$ 293 \quad \$ 212 \quad \$ 440 \quad \$ 197 \quad \$ 446 \quad \$ 145 \quad \$ 342 \quad \$ 212$
Compute the standard deviation s.

• A)$114.2
• B)$329.0
• C)$653,796.1
• D)$745,051.0

Understand the concept of self-efficacy and its impact on negotiation.

Recognize how personality traits and negotiation styles remain constant and how they impact negotiation behavior.

Understand the implications of trust in negotiation and how it represents a fundamental negotiation dilemma.

Learn about the role of prosocial behavior and self-monitoring in negotiation.

---

Definitions:

Selling Price

The amount a buyer pays to purchase a product or service from a seller.

Variable Cost

A cost that varies with the level of output or production, such as materials and labor directly involved in manufacturing.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.

Variable Costs

Expenses that change in proportion to the activity or volume of production, sales, or services rendered.