Calculate the Standard Deviation for Cost Per Order in the Following

Essay

Calculate the standard deviation for cost per order in the following table. $$\begin{array} { | l | l | } \hline \text { Observation } & \text { Cost per order } \\\hline X 1 & \$ 1345 \\\hline X 2 & \$ 4364 \\\hline X 3 & \$ 1768 \\\hline X 4 & \$ 2278 \\\hline X 5 & \$ 4332 \\\hline X 6 & \$ 2984 \\\hline X 7 & \$ 3326 \\\hline\end{array}$$