Number of Fish Tanks

question 25

Essay

Number of Fish Tanks
The following data give the number of fish tanks owned for a population of 4 families. ​ ​
-{Number of Fish Tanks Narrative} Find the mean and the standard deviation for the population.

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Definitions:

Decision

The process of making choices or identifying a course of action from several alternatives, often based on information or data analysis.

Relevant

Pertinent or related to the matter at hand, especially in the context of decision-making.

Proprietorship Form

A business organization that is owned and operated by an individual, where there is no legal difference between the owner and the business.

Economic Unit

An economic unit is an entity, such as an individual, household, or company, making decisions regarding the allocation of resources and consumption.