medium · GMAT Quant

A retail merchandise manager evaluates pricing variance across two categories, Apparel and Footwear. Both categories have the same average price of $60. Apparel includes 25 items with a variance of 140.0, and Footwear includes 75 items with a variance of 60.0.

What is the combined population variance of prices across all 100 items?

  1. 60.0
  2. 80.0
  3. 100.0
  4. 200.0
  5. 8,000.0

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