The Following Data Reflect the Number of Customers Who Return

question 3

Multiple Choice

The following data reflect the number of customers who return merchandise for a refund on Monday.Note these data reflect the population of all 10 Mondays for which data data are available. Based on these data,what is the standard deviation?

• A)13.03
• B)12.36
• C)39
• D)152.8

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Definitions:

Compounding

The process where the value of an investment increases because the earnings on an investment, both capital and interest, earn interest as time passes.

Rate of Return

The uplift or shortfall in the value of an investment during a specific interval, portrayed as a percentage of the investment’s original pricing.

Account Value

The total worth of a financial account, considering all assets and liabilities within the account.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed annually.