If We Have a Data Set with a Mean of 12

question 44

Multiple Choice

If we have a data set with a mean of 12 and a variance of 3, what are the new mean and variance if we add 5 to all the values, then multiply them by 2?

• A) Mean = 29, variance = 6
• B) Mean = 29, variance = 12
• C) Mean = 34, variance = 6
• D) Mean = 34, variance = 12

Recognize the various types of influences on consumer decision-making processes.

Understand the basic principles of product liability, including the concept of strict liability.

Recognize the doctrine of strict liability and its application to sellers, manufacturers, and wholesalers.

Understand the distinction between liability for personal injury and property damage.