Find the Variance for the Given Data $\begin{array} { l l l l l l } \$ 663 & \$ 273 & \$ 410 & \$ 622 & \$ 174 & \$ 374 \end{array}$

question 136

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 microwave oven, Jeremy called six appliance stores and asked the cost of a specific model. The prices he
Was quoted are listed below: $\begin{array} { l l l l l l } \$ 663 & \$ 273 & \$ 410 & \$ 622 & \$ 174 & \$ 374 \end{array}$

• A)\(30,698.6 \)dollars ²
• B) \(1,207,582.7\)²
• C) \(36,838.3\) dollars ²
• D) \(36,838.2\) dollars ²

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Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of values around the mean.

Sample Proportions

A rephrased version: The ratios or percentages within a sample that represent a particular attribute or category, quantified for analytical purposes.

Population Proportion

The proportion or ratio of a group displaying a specific attribute or trait.

Standard Error

A statistical measure that quantifies the extent to which a sample statistic varies from the actual population parameter.