THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 90

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Sales at a local wholesaler consist of both retail as well as online sales.During the course of a month,retail sales have a mean of $96,780 with a standard deviation of $12,520.Over the same time period,online sales average $229,620 with a standard deviation of $23,100.Assume that the retail sales are independent of online sales.
-What is the standard deviation of the wholesaler monthly sales?

• A)$35,620.0
• B)$26,274.7
• C)$71,240.0
• D)$68,960.3

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Definitions:

Annual Fixed Cost

The total of all business expenses that remain constant regardless of any change in production levels or sales volume over a year.

Total Output

The aggregate quantity of goods or services produced by an economy, sector, or production process over a specific period.

Barbershop

A place of business where people, typically men, go to get haircuts and often beard trims or shaves.

Average Total Cost

The total cost of production divided by the quantity produced, including both fixed and variable costs, representing the per unit cost of production.