For the Following Values,calculate the Mean,variance,and Standard Deviation

question 26

Essay

For the following values,calculate the mean,variance,and standard deviation.
Data: 6,8,9,12,15

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Definitions:

Possession Utility

The value or usefulness that comes from a consumer being able to possess a product, enabling its use when and where the consumer wishes.

Ownership Utility

The added value or satisfaction a consumer obtains from owning a product and being able to use it as desired.

Form Utility

The value added to products through the process of transformation, creating a more desirable product for consumers.

Place Utility

The value added to products by having them available at a location where they are needed or wanted.