A Market Research Team Compiled the Following Discrete Probability Distribution $$\begin{array} { | c | c | } \hline x & P ( x ) \\\hline 0 & 0.30 \\\hline 1 & 0.50 \\\hline 2 & 0.10 \\\hline 3 & 0.10 \\\hline\end{array}$$

question 98

Multiple Choice

A market research team compiled the following discrete probability distribution for families residing in Randolph County.In this distribution, x represents the number of evenings the family dines outside their home during a week. $$\begin{array} { | c | c | } \hline x & P ( x ) \\\hline 0 & 0.30 \\\hline 1 & 0.50 \\\hline 2 & 0.10 \\\hline 3 & 0.10 \\\hline\end{array}$$ The standard deviation of x is _______________.

• A)1.00
• B)2.00
• C)0.80
• D)0.89
• E)1.09

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Definitions:

Goals

Objectives or desired outcomes that an individual or organization aims to achieve within a specific timeframe.

Plans

Detailed proposals for doing or achieving something, often with a specific goal in mind and steps outlined to reach it.

Procedures

Established methods or sequences of actions for performing specific tasks or activities within an organization or process.

Strategies

The plans and actions taken by a business or individual to achieve specific goals and objectives.