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GRE
GRE Quantitative Reasoning Section

Calculating Variance of Household Monthly Expenses

Hard Data Analysis Descriptive Statistics

A data analyst compiled the monthly expenses (in dollars) of a household over the past six months. The recorded monthly expenses are as follows:

400, 450, 500, 550, 600, 650

Based on this data, what is the variance of the monthly expenses?

Hint

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