Consider the following data:3,10, -3, -4, – 11, −5Step 1 of 3: Calculate the value of the sample variance. Round your answer to one decimal place.

Step 1: Find the meanx̄ = ∑xi/nwhere:xi = values n = sample size = 6 x̄ = ∑xi/nx̄ = (3 + (-10) +…

Answered: Consider the following data: 3,10, -3,…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Consider the following data: 3,10, -3, -4, – 11, −5 Step 1 of 3: Calculate the value of the sample variance. Round your answer to one decimal place.