Question: A consumer watchdog organization is concerned about credit card debt

A consumer watchdog organization is concerned about credit card debt. A survey of 10 young adults with credit card debt of more than $2,000 showed they paid an average of just over $100 per month against their balances. Listed below are the amounts each young adult paid last month.


a. Compute the sample variance.
b. Determine the sample standarddeviation.


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  • CreatedDecember 10, 2014
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