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

question 212

Essay

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 standard deviation of your profit when Design B is chosen?

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Definitions:

Fetus

A prenatal human between the embryonic state and birth, typically from 9 weeks after fertilization until birth.

Trimester

A term of approximately three months, often used to divide the pregnancy period or academic year into three parts.

Movement

An act of changing physical location or position or of having this changed; often in the context of physical activity or migration.

Wakefulness

The state of being awake and aware of the surrounding environment, contrasting states like sleep.