The Number of Hours Per Day a College Student Spends

question 9

Multiple Choice

The number of hours per day a college student spends on homework has a mean of 6 hours and a standard deviation of 1.25 hours. Yesterday she spent 3 hours on homework. How many standard deviations from the
Mean is that? Round your answer to two decimal places.

• A) 2.40 standard deviations below the mean
• B) 1.20 standard deviations below the mean
• C) 1.20 standard deviations above the mean
• D) 2.40 standard deviations above the mean

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Definitions:

Marketing Mix

A foundational marketing model that combines the four Ps: Product, Price, Place, and Promotion, to meet customers' needs and achieve business goals.

Hybrid Strategy

A strategy in business that incorporates aspects of various tactics, like being the cost leader and offering unique products or services, in order to gain an edge over competitors.

Order Costs

Expenses associated with placing and receiving orders, often including shipping, handling, and procurement expenses.

Retailer

A business entity that sells goods to consumers for personal or household use, varying from small shops to large chain stores.