What Is the Standard Deviation of the Following Data? 3

question 26

Multiple Choice

What is the standard deviation of the following data? 3.2, 3.1, 3.3, 3.3, 3.1

• A) 3.2
• B) 0.0894
• C) 0.1
• D) 0.0498

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Definitions:

Demand Aggregation

A strategy that combines product or service demands from different sources to get better prices or terms from suppliers.

Offshoring

The practice of relocating business processes or production to another country to reduce costs or take advantage of favorable conditions.

Production Facility

A place equipped with the necessary equipment and machinery for the manufacture of products.

Quantity Flexibility

An adjustment mechanism within supply chain management allowing for changes in order quantities to meet actual demand.