If the Sample Standard Deviation for a Set of Data

question 40

Multiple Choice

If the sample standard deviation for a set of data with N = 6 is found to be 3.17,then what is the sample variance ?

• A)3.47
• B)1.78
• C)12.06
• D)10.05

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Definitions:

Electronic Tendering

The process of submitting and receiving bids and tenders for goods and services over the internet.

Reverse Auction

A type of auction in which sellers bid to provide goods or services to a buyer, and prices typically decrease as vendors compete.

Virtual

Referring to something that is not physically existing but made by software to appear to do so.

Online

Connected to or available through the internet or another computer network.