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Each Year Advertisers Spend Billions of Dollars Purchasing Commercial Time

Question 115

Multiple Choice

Each year advertisers spend billions of dollars purchasing commercial time on network sports television. In thefirst 6 months of 1988, advertisers spent $1.1 billion. Who were the largest spenders? In a recent article, listedthe top 10 leading spenders (in million of dollars) :  Company A $70.7 Company F $27.3 Company B 60.7 Company G 26.1 Company C 55.4 Company H 22.8 Company D 54.8 Company I 23 Company E 28.7 Company J 19.4\begin{array} { l r l r } \text { Company A } & \$ 70.7 & \text { Company F } & \$ 27.3 \\\text { Company B } & 60.7 & \text { Company G } & 26.1 \\\text { Company C } & 55.4 & \text { Company H } & 22.8 \\\text { Company D } & 54.8 & \text { Company I } & 23 \\\text { Company E } & 28.7 & \text { Company J } & 19.4\end{array} Calculate the sample variance.


A) 367.36
B) 19.17
C) 38.89
D) 51.30

Correct Answer:

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