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A commuter travels many miles to work each morning. She has timed this trip 5 times during the last month. The time (in minutes) required to make this trip was 38,33,36,47,and 41. What is the variance for this sample data?
Private Resource
Resources owned by individuals or companies, not by the government or public institutions.
Incentives
Factors, monetary or non-monetary, that motivate individuals to perform actions that they might not otherwise choose to do.
Efficiently
Achieving a goal or producing output with the minimum amount of waste, expense, or unnecessary effort.
Common Resource
A resource like air or water that is accessible to all but is susceptible to overuse and depletion because it is not privately owned.
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