Which of the Following Is the Formula for the Sample

question 46

Multiple Choice

Which of the following is the formula for the sample variance s² when used as an estimate of σ² for a random sample of n observations from a population?

• A) s² =
• B) s² =
• C) s² =
• D) s² =

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Definitions:

Price

The expense involved in securing a product or service.

Demand Curve

The Demand Curve is a graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.

Quantity Demanded

The level of product or service that buyers intend to purchase at various prices.

Increase

A situation where there is a rise in quantity, size, number, value, or intensity of a particular variable or condition.