The Number of Cars Sold (X) in a Day at Smitty's

question 100

Multiple Choice

The number of cars sold (x) in a day at Smitty's Auto Sales is described by the probability distribution in the following table: Compute the variance and standard deviation of the number of people in families per household.

• A) Variance=1.25, standard deviation=1.118
• B) Variance=1.86, standard deviation=1.364
• C) Variance=1.118, standard deviation=1.057
• D) Variance=1.50, standard deviation=1.225

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Definitions:

Framing

The way an issue is posed; how an issue is worded can significantly affect decisions and judgments.

Winter Coat

A piece of outerwear designed to keep the body warm during cold weather conditions.

Framing

The way information is presented to influence perception and choices.

Importance

The state or fact of being of great significance or value.