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:

Memory Process

The series of steps that information goes through to be encoded, stored, and retrieved in the brain, forming the basis of memory.

Memory System

The complex process by which information is encoded, stored, and retrieved in the brain, allowing individuals to retain and use past experiences.

Levels Of Processing Model

A theory of memory that suggests the depth of mental processing impacts the longevity and strength of the memory trace.

Shallowest Processing

Refers to a minimal level of mental effort used to encode information, often leading to a weak memory trace.