Your costs had been forecast as having an average of $138,000 with a standard deviation of $35,000.

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Your costs had been forecast as having an average of $138,000 with a standard deviation of $35,000. You have just learned that your suppliers are raising prices by 4% across the board. Now what are the average and standard deviation of your costs?

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Practical Business Statistics

ISBN: 9780128042502

7th Edition

Authors: Andrew Siegel

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Question Posted: Apr 18, 2019 06:58 AM

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Your costs had been forecast as having an average of $138,000 with a standard deviation of $35,000.

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The average is no...View the full answer

Practical Business Statistics

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