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TABLE 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sample of 35 days:
16, 17, 18, 18, 19, 20, 20, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23, 24, 24, 24, 25, 25, 26, 26, 26, 27, 28, 28, 29, 29, 31, 31, 32, 32
Note: For this sample, the sum of the values is 838, and the sum of the squared differences between each value and the mean is 619.89.
-Referring to Table 3-4, the standard deviation of the customs data is ________.
Unequal Payments
Payments that vary in amount over a period, commonly seen in loan repayments or investment returns that do not have a fixed payment schedule.
Rate Of Return
The upward or downward movement in the worth of an investment for a predefined interval, calculated as a percentage of the investment's inaugural cost.
Discount Rate
The Discount Rate is the interest rate used to determine the present value of future cash flows in discounted cash flow analysis.
Predicting Variables
Variables in statistical models that are used to predict outcomes or responses of interest.
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