For the Following Data Set,calculate the Sample Variance

question 23

Multiple Choice

For the following data set,calculate the sample variance. 1.72,4.01,2.55,0.67,1.93,2.05,2.69,3.13,1.22,3.84

• A)1.0243
• B)1.0492
• C)1.0797
• D)1.1659

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Definitions:

Productivity Increase

A rise in the output of goods and services produced per unit of input, often due to improvements in technology, processes, or efficiency.

Marginal Revenue Product Curve

A graph showing the additional revenue generated by employing one more unit of a resource.

Factor of Production

An input used in the production of goods or services, such as labor, land, capital, and entrepreneurship.

Factor of Production

An input used in the production of goods or services, such as land, labor, capital, and entrepreneurship.