TABLE 5-8 Two Different Designs on a New Line of Winter Jackets

question 88

Short Answer

TABLE 5-8
Two different designs on a new line of winter jackets for the coming winter are available for your manufacturing plants. Your profit (in thousands of dollars) will depend on the taste of the consumers when winter arrives. The probability of the three possible different tastes of the consumers and the corresponding profits are presented in the following table.

-Referring to Table 5-8, what is the variance of your profit when Design B is chosen?

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Definitions:

Impaired Fine Motor Skills

The diminished ability to use small muscle movements for tasks such as writing, buttoning a shirt, or handling small objects.

Antisocial

Pertaining to behaviors or attitudes that go against social norms, including an indifference to others' well-being, and can be characteristic of some personality disorders.

Impaired Movement

Refers to the reduced ability or complete inability to move a part of the body normally, often due to injury, disease, or a neurological condition.

Cognitive Limitations

Restrictions in cognitive functioning that impact an individual's ability to learn, remember, or process information.