Answer:
The variance is: $169,367,949
Step-by-step explanation:
Given
Tuition: $40,632, $35,554, $42,192, $33,432, $69,479, and $43,598
Required
Determine the variance
First, calculate the mean
Where
--- approximated
The sample variance (s^2) is calculated using:
This gives:
<em>The variance is: $169,367,949</em>