Solve the Problem. -A Police Department Reports That the Probabilities That 0, 1

question 54

Multiple Choice

Solve the problem.
-A police department reports that the probabilities that 0, 1, 2, and 3 burglaries will be reported in a given day are 0.52, 0.40, 0.07, and 0.01, respectively. Find the standard deviation for the probability distribution. Round answer to the nearest hundredth.

• A)0.98
• B)0.88
• C)0.45
• D)0.67

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Definitions:

Shop Foreman's Salary

The compensation paid to the individual responsible for overseeing the work and workers in a shop or factory setting.

Raw Materials Used

The cost of materials that are used in the production process of a company's goods or services.

Total Manufacturing Costs

The sum of all costs directly involved in the production of goods, including raw materials, labor, and overhead expenses.

Manufacturing Overhead

All indirect costs associated with the production process, including but not limited to utilities, maintenance, and factory equipment depreciation.