Use the Information for the Question(s)below

question 19

Multiple Choice

Use the information for the question(s) below.
Big Cure and Little Cure are both pharmaceutical companies.Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.If approved,Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.Little Cure has 10 separate less important drugs before the FDA waiting for approval.If approved,each of Little Cure's drugs would produce $100 million in net income for Little Cure.The probability of the FDA approving a drug is 50%.
-What is the standard deviation of Big Cure's average net income for their new blockbuster drug?

• A)$0
• B)$1 billion
• C)$100 million
• D)$500 million

---

Definitions:

Miles

A unit of length equal to 5,280 feet or approximately 1,609 meters, used primarily in the United States and the United Kingdom.

New York City

A major metropolitan city located in the state of New York, known for its significant cultural, financial, and media influence both nationally and internationally.

Wealth

The abundance of valuable resources or material possessions.