Solve the Problem $$\begin{array} { l l l l l } 90 & 90 & 91 & 91 & 89 \\90 & 89 & 91 & 91 & 90 \\60 & 90 & 89 & 90 & 91\end{array}$$

question 120

Essay

Solve the problem.
-The data set below consists of the scores of 15 students on a quiz. For this data set, which measure of variation do you think is more appropriate, the range or the standard deviation? Explain your thinking. $$\begin{array} { l l l l l } 90 & 90 & 91 & 91 & 89 \\90 & 89 & 91 & 91 & 90 \\60 & 90 & 89 & 90 & 91\end{array}$$

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Definitions:

Outcome Estimates

Predictions or projections of the financial results and conditions based on current trends, economic conditions, and known variables.

Refundable Deposits

Deposits made that can be returned to the depositor under certain conditions.

Cumulative Preferred Stock

A type of preferred stock that accrues dividends if they are not paid as scheduled, with these unpaid dividends to be paid out before common shareholders can receive dividends.

Unearned Interest

Interest that has been collected on a loan by the lender but not yet earned, often because the loan may be paid off early.