A consumer watchdog organization is concerned about credit card debt. A survey of 10 young adults with
Question:
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 standard-deviation.
Transcribed Image Text:
S110 $126 $103 $93 $99 $113 S87 S101 $109 S100
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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