The variance of demand for winstons winery is

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Over the past 5 weeks at Winstons Winery has been 1,050, 2,400, 3,300, 1,800, and 1,150, bottles. Winston has placed weekly orders for glass bottles of 1,050, 2,400, 4,100, 950, and 900 units. ( Recall that the sample variance of a data set can be found by using the VAR.S function in excel or by plugging each value x of the data set into formula:

Variance--

Where x is the mean of the data set and n is the number of values in the set

The variance of demand for Winstons Winery is

Reference no: EM13760857

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The variance of demand for winstons winery is : Over the past 5 weeks at Winstons Winery has been 1,050, 2,400, 3,300, 1,800, and 1,150, bottles. Winston has placed weekly orders for glass bottles of 1,050, 2,400, 4,100, 950, and 900 units.

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