Find the Variance for the Given Data $$\begin{array} { l l l l l } 5 & 3 & 16 & 1 & 20\end{array}$$

question 165

Multiple Choice

Find the variance for the given data. Round your answer to one more decimal place than the original data.
-Jeanne is currently taking college zoology. The instructor often gives quizzes. On the past five quizzes, Jeanne got the following scores: $$\begin{array} { l l l l l } 5 & 3 & 16 & 1 & 20\end{array}$$

• A) 88.4
• B) 71.4
• C) 71.5
• D) 57.2

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Definitions:

Price Change

An adjustment in the selling price of goods or services, which can either increase or decrease depending on various factors.

Sales

The act of trading a good for cash; the process of making a sale.

Marginal Costs

The rise in the overall expense incurred from the production of an extra unit of a good or service.

Potential Customers

Individuals or organizations that could become purchasers of a product or service, but have not yet done so.