According to Insurance Records, a Car with a Certain Protection

question 73

Multiple Choice

According to insurance records, a car with a certain protection system will be recovered 92% of the time. If 800stolen cars are randomly selected, what is the mean and standard deviation of the number of cars recoveredafter being stolen?

• A) mean: 736; standard deviation: 7.67333044
• B) mean: 736; standard deviation: 58.88
• C) mean: -5664: standard deviation: 7.67333044
• D) mean: -5664: standard deviation: 58.88

---

Definitions:

Exit Strategies

Planned methods of exiting one's current situation, often used in the context of business to refer to how an investor or entrepreneur plans to cash out of an investment.

IPOs

Initial Public Offerings, the process by which a private company becomes publicly traded by offering shares of its stock to the general public for the first time.

Acquisitions

The process or action of acquiring control of another company or business entity through purchase or merger.

Original Investment

The initial amount of money invested in a business or project.