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Use the Range Rule of Thumb to Estimate the Standard 181.0180.6189.2182.2175.6180.0177.9181.8\begin{array}{llllllll}181.0 & 180.6 & 189.2 & 182.2 & 175.6 & 180.0 & 177.9 & 181.8\end{array}

question 41

Multiple Choice

Use the range rule of thumb to estimate the standard deviation. Round results to the nearest tenth.
-The race speeds for the top eight cars in a 200-mile race are listed below. 181.0180.6189.2182.2175.6180.0177.9181.8\begin{array}{llllllll}181.0 & 180.6 & 189.2 & 182.2 & 175.6 & 180.0 & 177.9 & 181.8\end{array}


Definitions:

Utilities Expense

Costs incurred by a business for basic services such as electricity, water, and gas, classified under operating expenses in the income statement.

Owner's Drawings

Funds taken out of a business by the owner in a sole proprietorship or partnership for individual purposes.

Capital Account

An account showing the net worth of a business at a specific point in time, comprised of the owner's equity, investments, and retained earnings.

Correcting Entry

A journal entry made to amend a previously recorded incorrect transaction in the financial records.

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