TABLE 5-8 Two Different Designs on a New Line of Winter Jackets

question 11

Short Answer

TABLE 5-8
Two different designs on a new line of winter jackets for the coming winter are available for your manufacturing plants. Your profit (in thousands of dollars) will depend on the taste of the consumers when winter arrives. The probability of the three possible different tastes of the consumers and the corresponding profits are presented in the following table.

-Referring to Table 5-8, what is the variance of your profit when Design A is chosen?

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Definitions:

Phototropic Response

A growth movement by a plant part in response to a light stimulus, typically towards the source of light to maximize photosynthesis.

Phototropic Response

The growth movement or orientation of a plant in response to light direction.

Wavelength

The distance between two consecutive peaks or troughs in a wave, typically used in the context of electromagnetic spectra.

Apical Dominance

The phenomenon where the main, central stem of the plant is dominant over (grows more strongly than) other side stems.