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Suppose a Sample of Five Retail Stores' Monthly Profits Are

Question 19

Multiple Choice

Suppose a sample of five retail stores' monthly profits are: $4,000, $7,000, $5,000, $3,000, and $1,000. What will the sample variance of stores profits be?


A) $20 million
B) $4 million
C) $10 million
D) $5 million

Correct Answer:

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