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    Estimate mean and standard deviation

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    Advertising expenses are significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 60 manufacturing companies located in the Southwest. Estimate the mean and the standard deviation of advertising expense.

    See attached file for chart.

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    https://brainmass.com/statistics/dispersion-and-spread-of-data/estimate-mean-and-standard-deviation-85096

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    Estimate mean and standard deviation.

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