Determining average and standard deviation of costs


Assignment:

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?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Determining average and standard deviation of costs
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