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The Company Financial Officer Was Interested in the Average Cost

question 11

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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:

Sugar

A sweet-tasting, soluble carbohydrate found in many plants, commonly used as a sweetener in foods and drinks.

United States

A country in North America consisting of 50 states and is known for its significant influence in global economics, politics, and culture.

Restrictions

Limitations or rules placed on activities, operations, or behaviors to regulate or control certain actions.

Global Competition

Refers to the dynamic and competitive environment where businesses from different countries vie for consumers in international markets.

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