TABLE 3-2 The Data Below Represent the Amount of Grams of Carbohydrates

question 9

Short Answer

TABLE 3-2
The data below represent the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
11 15 23 29 19 22 21 20 15 25 17
-Referring to Table 3-2, the variance of the carbohydrate amounts is ________ (grams squared).

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Definitions:

Compounded Quarterly

Calculating interest on both the initial principal and previously accumulated interest four times a year.

Lease Interest

The interest cost associated with leasing an asset, often a charge in addition to the lease payments.

General Annuity

An annuity in which the payment interval does not equal the compounding interval.

Annuity Due

An annuity in which the periodic payments occur at the beginning of each payment interval.