The following table shows part of the probability distribution for the number of boats sold daily at Boats Unlimited.It is known that the average number of boats sold daily is 1.57.
Compute the variance and the standard deviation for this probability distribution.
Definitions:
Leadership Style
The characteristic manner in which a leader guides, motivates, and manages their followers or team members.
Delegating
The act of assigning responsibility and authority to others to complete tasks or make decisions.
Competent
Having the necessary ability, knowledge, or skill to perform a specific task or role successfully.
Committed
Showing dedication and loyalty to a cause or activity; being wholeheartedly involved.
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