A researcher is attempting to determine the average annual expenditures per household on albums.Suppose $300 was considered the upper limit and $0 the lower limit.There are no past studies on which to base an estimate of s.What is your best estimate of the standard deviation?
A)$0
B)$50
C)$150
D)$300
E)No way to determine.

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The Answer of A researcher is attempting to determine the average annual expenditures per household on albums.Suppose $300 was considered the upper limit and $0 the lower limit.There are no past studies on which to base an estimate of s.What is your best estimate of the standard deviation?
A)$0
B)$50
C)$150
D)$300
E)No way to determine.

A Researcher Is Attempting to Determine the Average Annual Expenditures