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Calculate the variance and the standard deviation for the following sample data.Scores: 10,7,9,1,2,0,6
Government Control
The extent to which governmental bodies regulate or direct economic activities, industries, and market practices.
Industry
A sector of the economy that is made up of manufacturing, production, and services in a particular field or type of product.
Tax Rates
The percentage at which an individual or corporation is taxed, which can vary depending on income level, type of income, or other factors.
Monetary Policy
The process by which a central bank or monetary authority manages money supply and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.
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