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The Following Data Are the Heights (In Cm) of the 25

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Essay

The following data are the heights (in cm) of the 25 students in a business statistics class: 164148137157173156177172169165145168163162174152156168154151174146134140171\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline 164 & 148 & 137 & 157 & 173 & 156 & 177 & 172 & 169 & 165 \\\hline 145 & 168 & 163 & 162 & 174 & 152 & 156 & 168 & 154 & 151 \\\hline 174 & 146 & 134 & 140 & 171 & & & & & \\\hline\end{array} a. Compute the sample mean height.
b. Compute the sample variance.
c. Compute the sample standard deviation.


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Quarterly Profits

The net earnings or losses of a company calculated every three months within a fiscal year.

Patent

A legal authorization granted to an inventor to exclusively manufacture, use, or sell an invention for a certain number of years.

Ordinary Annuity

A series of equal payments made at regular intervals, with interest compounded at the end of each period.

Nominal Interest

The stated or advertised rate of interest on a loan or investment, not accounting for inflation or compounding effects.

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