Find the Standard Deviation, ?, for the Binomial Distribution Which $\sigma = 6.52$

question 109

Multiple Choice

Find the standard deviation, ?, for the binomial distribution which has the stated values of n and p. Round your answer to the nearest hundredth.
-n = 36; p = .2

• A) \(\sigma = 6.52\)
• B) \(\sigma = - 0.01\)
• C) \(\boldsymbol { \sigma } = 5.67\)
• D) \(\boldsymbol { \sigma } = 2.40\)

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Definitions:

Job Order Costing

An accounting method used to track the costs associated with producing a specific item or completing a specific job.

Process Costing

A rephrased definition: An accounting methodology employed to evaluate the cost of producing products that undergo similar processes in large quantities.

Underapplied Overhead

A situation where the allocated or applied factory overhead costs are less than the actual overhead costs incurred, resulting in a cost variance.

Cost of Goods Sold

The cost of goods sold (COGS) is the direct cost attributable to the production of goods sold by a company, including the cost of materials and labor.