Read and watch the action items:https://youtu.be/4_9vGqQaCFkhttps://youtu.be/ZdcoTVYJNF4These resources are provided to study and complete this submission.Assignment:A consulting agency has...

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Answered Same DayMar 25, 2023

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Asif answered on Mar 25 2023
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Operations Management 1
Operations Management
Name and Number of Student
Date of Submission
Ans
wer 1: Descriptive Statistics for Cement Prices
Table 1- Descriptive Statistics for Cement Prices
(Source: Self-Created)
Cement Prices Summary:
From the data provided, we can see that the cement prices have been fluctuating over the past several years. The average price was $103.85275, with a standard deviation of $3.579775933. The maximum price of cement was $113.09, while the minimum was $98.2. Additionally, the data shows that the cement prices have been relatively stable over the past several years, with only minor fluctuations.
Answer: 2    
Over the period of January 2013 to January 2023, the cement prices...
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