A Small Business Just Leased a New Presentation Equipment and a Color

question 20

Multiple Choice

A small business just leased a new presentation equipment and a color laser printer for three years.The service contract for the computer offers unlimited repairs for a fee of $100 a year plus a $25 service charge for each repair needed.The company's research indicates that during a given year 86% of these computers need no repairs, 9% need to be repaired once, 4% twice, 1% three times, and none required more than three repairs.
The standard deviation of the company's annual expense with the service contract for the presentation equipment is ________________________ .

• A)$105
• B)$10.25
• C)$187.42
• D)$13.69
• E)$2.75

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Definitions:

High-Level Diction

The use of sophisticated and advanced vocabulary in writing or speech.

Proofreading

The process of reviewing and correcting written material to ensure accuracy in grammar, spelling, punctuation, and formatting before it is published or finalized.

Communication Channel

The medium through which a message is transmitted from sender to receiver, such as email, telephone, or in-person.

Formality

The adherence to established rules or customs, typically in official or ceremonial contexts.