Using the Chef's Magic Circle, Complete the Following

question 9

Short Answer

Using the Chef's Magic Circle, complete the following. Round percent answers to the nearest hundredth and money answers to the nearest cent. Sales Price: $15.54 Food Cost Percent: 13% Food Cost: $_______________

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Definitions:

Sample Standard Deviation

A measure of the amount of variation or dispersion of a set of values in a sample.

Mean Salary

The average income earned by employees in a specific group, calculated by dividing the total salary by the number of individuals.

Net Weight

The weight of a product without any packaging or container, essentially the weight of the goods alone.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the individual data points differ from the mean of the data set.