Question 4
Tools of Economic AnalysisIf the standard deviation of a given data is 8.2, find its variance
- A.4.1
- B.67.2
- C.82.0
- D.91.8
Show the answer and explanation
Answer: B (67.2)
Explanation
Variance = (standard deviation)² = 8.2² = 67.24 ≈ 67.2.
If the standard deviation of a given data is 8.2, find its variance
Answer: B (67.2)
Variance = (standard deviation)² = 8.2² = 67.24 ≈ 67.2.