Lisa Runs a Local Flower Shop,if It Rains on Valentine's

question 32

Multiple Choice

Lisa runs a local flower shop,if it rains on Valentine's Day and she opens the shop,she will lose $200.If it does not rain on Valentine's Day,she will earn $500 dollars as profits.The chance of rain is 30%,the standard deviation of the profits Lisa could earn on Valentine's Day is

• A)198.17.
• B)135.61.
• C)432.43.
• D)290.

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Definitions:

Medical Expense Deduction

An itemized deduction for taxpayers who have incurred significant medical and dental expenses exceeding a certain percentage of their adjusted gross income.

Jacuzzi

A brand name often used generically to refer to any hot tub or whirlpool bath with underwater jets that massage the body.

Adjusted Gross Income

Adjusted Gross Income, or AGI, is an individual's total gross income minus specific deductions, used to determine taxable income on an income tax return.

Casualty Loss Deduction

A tax deduction allowed for losses from sudden, unexpected, or unusual events, such as natural disasters, fire, or theft, not compensated by insurance.