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Question
Listed below are annual salaries (in thousands of dollars) for a simple random sample of NCAA Division 1-A head football coaches (based on data from the New York Times).
d. Find the variance and express the result in appropriate units.
Solution
VerifiedStep 1
1 of 2The mean is the sum of all values divided by the number of values:
The variance is the sum of squared deviations from the mean divided by :
The data values are all given in thousands of dollars:
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