Determine the Variance of the Following Sample of Survey Data

question 31

Multiple Choice

Determine the variance of the following sample of survey data: 2, 1, 3, 3, 4

• A) 1.04
• B) 1.02
• C) 1.30
• D) 1.14

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be paid in the future, including loans, accounts payable, and mortgages.

Shareholders' Equity

The residual interest in the assets of a corporation after subtracting liabilities, representing the ownership interest of shareholders.

Liabilities

Obligations a company owes to external parties, which can include loans, accounts payable, mortgages, and other debts due.