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Standard Deviation Statistics

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A young advertising executive for Orlando Dining was not satisfied when her junior analyst gave her the point estimate that the average number of magazines sold per month was 11,500. She wanted to know more than just a point estimate. What do you think her next statistical request was of the junior analyst?

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Solution Summary

The standard deviation in statistics is examined. The estimate for the average number of magazines sold per month are determined.

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Standard Deviation. The standard deviation is a statistic that tells you how tightly all the various ...

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