The mean cost for a pint of frozen yogurt is $1.50, with a standard deviation of $0.10.
What is the value of the variance?
a.) $0.40
b.) $0.10
c.) $0.01
d.) $0.20

Respuesta :

proz

Answer:

The correct answer is:

0.01$ (c)

Step-by-step explanation:

Standard deviation is a measure of how spread out numbers are from the mean value. The formula for standard deviation is given by:

[tex]s = \sqrt{\frac{\sum(x - \bar x)}{n} } \\where:\\x = sample\ \\\bar x\ = mean\\n\ = number\ of\ samples\[/tex]

Variance is a measure of the squared differences from the mean.

Variance is simply the square of the standard deviation. It is mathematically shown as:

[tex]s^2 = \frac{\sum(x - \bar x)}{n} }[/tex]

Now in our example,

Stabnard deviation = $0.10

Variance = (standard deviation)²

Variance = (0.10)²

Variance = $0.01

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