The Prices (In Dollars) for a Graphing Calculator Are Shown

question 42

Multiple Choice

The prices (in dollars) for a graphing calculator are shown below for 8 online vendors. Estimate the population standard deviation in price with 90% confidence.

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Definitions:

Fungible Goods

Items or goods that are interchangeable with others of the same type, quality, and quantity.

Gross Negligence

A lack of care that demonstrates a reckless disregard for the safety or lives of others, significantly beyond ordinary negligence.

Bailment

The temporary placement of control or possession of personal property into someone else's hands, for a specific purpose, with the expectation of its return.

Legal Owner

The individual or entity that holds valid title to property or assets, recognized by law.