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Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow
Figure 8.5
-Refer to Figure 8.5. If six drones are produced, average variable costs are
Standard Deviation
Standard deviation is a measure of the dispersion or spread of a set of data points relative to its mean, indicating how spread out the data points are.
Mean
The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of values.
Highest Score
The maximum value or score observed in a set of data.
Lowest Score
The smallest or minimal value in a set of data or scores.
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