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The Company Financial Officer Was Interested in the Average Cost

question 92

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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results (mean = $3,213) :
$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000

-What is the standard deviation?


Definitions:

Piaget

A psychologist from Switzerland famous for his groundbreaking research in the area of child development, specifically his cognitive development theory.

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The process by which a person or group's language and/or culture come to resemble those of another group.

Current Understanding

Refers to the present level of knowledge and comprehension surrounding a particular subject or topic.

Back To Sleep Position

A recommended sleeping position for babies, lying on their back, to reduce the risk of Sudden Infant Death Syndrome (SIDS).

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