Mathematics, 09.11.2020 21:10 alexcuevaz90
Mrs. Fitzgerald rents a stall in a mall where she sells antiques. She earns a mean revenue of $ 500 $500dollar sign, 500 per month with a standard deviation of $ 125 $125dollar sign, 125. Her stall and new inventory costs her $ 225 $225dollar sign, 225 per month and are her only costs. She calculates her profits using this formula: profit = [revenue] − [costs] profit=[revenue]−[costs]start text, p, r, o, f, i, t, end text, equals, start text, open bracket, r, e, v, e, n, u, e, close bracket, end text, minus, start text, open bracket, c, o, s, t, s, close bracket, end text What will be the mean and standard deviation of the distribution of Mrs. Fitzgerald's profits? Choose 1 Choose 1 (Choice A) A Mean: $ 275 $275dollar sign, 275 Standard deviation: $ 125 $125dollar sign, 125 (Choice B) B Mean: $ 275 $275dollar sign, 275 Standard deviation: $ 350 $350dollar sign, 350 (Choice C) C Mean: $ 500 $500dollar sign, 500 Standard deviation: $ 125 $125dollar sign, 125 (Choice D) D Mean: $ 500 $500dollar sign, 500 Standard deviation: $ 350 $350
Answers: 1
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Mrs. Fitzgerald rents a stall in a mall where she sells antiques. She earns a mean revenue of $ 500...
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