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  3. Study Set
    Business Statistics Study Set 1
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    Exam 3: Descriptive Statistics
  5. Question
    Computations of the Variance and Standard Deviation Using Grouped Data
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Computations of the Variance and Standard Deviation Using Grouped Data

Question 4

Question 4

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Computations of the variance and standard deviation using grouped data are potentially only approximation of the actual variance and standard deviation.

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