Calculate the Standard Deviation of the Expected Rand Returns for Ditto

question 19

Multiple Choice

Calculate the standard deviation of the expected rand returns for Ditto Copier Center, given the following distribution of returns:

• A) R36.0
• B) R23.0
• C) R18.0
• D) R13.0
• E) R30.0

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Definitions:

Observations

Data points collected during a study or experiment, representing individual instances or occurrences of the variables being studied.

Variance

A measure of the dispersion or spread of a set of data points around their mean value; it quantifies how much the data points differ from the mean.

Standard Deviation

An indicator of the range or spread of a collection of numbers, showing how far the values diverge from the average.

Observations

The collected data or individual points that have been observed or recorded for a particular study or analysis.