Calculate the Standard Deviation for Cost Per Order in the Following

Essay

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