Calculate the Variance for the Below Chart

question 54

Multiple Choice

Calculate the variance for the below chart:

• A) $800
• B) $1,200
• C) ($1,200)
• D) ($800)

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Definitions:

Bystander Effect

A social psychological theory that individuals are less likely to offer help to a victim when other people are present.

Diffusion of Responsibility

Refers to a sociopsychological phenomenon where individuals are less likely to take action or feel a sense of responsibility in the presence of a large group of people.

Pluralistic Ignorance

A psychological phenomenon where individuals wrongly believe their feelings and beliefs are different from those of the group, often leading to conformity despite personal objections.

Good Samaritan Effect

A phenomenon where individuals are more likely to help others in need without expecting anything in return, inspired by the biblical parable of the Good Samaritan.