THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 78

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Let X be a continuous random variable with mean of 1200 and standard deviation of 250.Define the random variable Y as follows: Y = 80 + 0.05X
-What is the standard deviation of Y?

• A)92.5
• B)55.9
• C)12.5
• D)11.89

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Definitions:

Salary Incentives

Salary incentives are additional compensation above base salary offered to employees as a motivation to exceed performance targets or achieve specific objectives.

Cash Flows

Money moving in and out of a business, indicating the company's liquidity over a certain period.

Financial Manager

A person responsible for managing the financial health of an organization, ensuring efficient financial planning, and overseeing investment activities.

Responsibility

The obligation to act ethically and accountably in roles or tasks assigned to an individual or organization.