THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 105

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.
-A car owner determines that annual repair costs (R) can be estimated based on the number of miles driven in one year (M) through the expression R = 800 + 0.05M.If the average number of miles driven is 12000 with a standard deviation of 2500 miles,what is the standard deviation of the expected annual repair costs?

• A)1400
• B)925
• C)800
• D)125

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Definitions:

Beliefs

Convictions or acceptances that something exists or is true, especially without proof.

Information

Data, knowledge, or facts that are obtained, received, or transmitted.

Talk Radio

A radio format containing primarily informational and opinion-based talk shows, including debates, interviews, and interactive listener participation.

Political Beliefs

The convictions or opinions that individuals hold regarding political matters, including policies, ideologies, and governance systems.