Question: Mean cost variance ( in control ) $ 4 $ 2 Standard deviation of cost variance ( in control ) $ 4 , 8 3

Mean cost variance (in control) $ 4 $ 2
Standard deviation of cost variance (in control) $4,832 $10,283
Furthermore, the means and standard deviations of the cost variances of processes A and B, when these processes are out of control, are as follows:
Process A Process B
Mean cost variance (out of control) $6,382 $ 6,889
Standard deviation of cost variance (out of control) $4,832 $10,283

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