A Major Credit Card Company Has Determined That Customers Charge

question 117

Multiple Choice

A major credit card company has determined that customers charge between $100 and $1,100 per
Month. Given that the average monthly amount charged is uniformly distributed, what is the
Standard deviation of the monthly amount charged?

• A) 298.67
• B) 275.57
• C) 267.88
• D) 288.67

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Definitions:

Political Party Machines

Political entities in the 19th and early 20th centuries that controlled party nominations and patronage, often through corruption and favoritism, to maintain power.

Spoils System

The term meaning the filling of federal government jobs with persons loyal to the party of the president; originated in Andrew Jackson’s first term.

Whigs

A political faction and then a formal party in the parliaments of England, Great Britain, Ireland, and the United Kingdom, that was influential from the 1680s to the 1850s, advocating for parliamentary supremacy and opposed to the royal prerogative.

Spoils System

A practice where political party leaders give government jobs to their supporters as a reward for their assistance in achieving victory.