Given the Set of Data Below, Find the Standard Deviation $$25,16,50,19,42,37$$

question 47

Multiple Choice

Given the set of data below, find the standard deviation. $$25,16,50,19,42,37$$

• A) 6.07
• B) 13.58
• C) 184.3
• D) 921.5

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Definitions:

Production Cost

The total expenses incurred in the process of producing or manufacturing goods, including materials, labor, and overhead costs.

Rental Payments

Monetary payments made periodically by a tenant to a landlord in exchange for the use of a property or equipment.

Society's Viewpoint

The collective perceptions, attitudes, and values of a community or society regarding various issues.

Marginal Revenue Product (MRP)

The change in a firm’s total revenue when it employs 1 additional unit of a resource (the quantity of all other resources employed remaining constant); equal to the change in total revenue divided by the change in the quantity of the resource employed.