Chauncey Billups, a Current Shooting Guard for the Los Angeles

question 153

Multiple Choice

Chauncey Billups, a current shooting guard for the Los Angeles Clippers, has a career free-throw percentage of 89.4%. Suppose he shoots six free throws in tonight's game. What is the standard deviation of the number of free throws that Billups will make?

• A) 0.5364
• B) 0.5686
• C) 0.7540
• D) 5.6860

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Definitions:

Equilibrium Price

The price point at which the market's supplied and demanded goods quantities meet.

Surpluses

Occurs when the quantity of a good or service supplied exceeds the quantity demanded at a specific price; the opposite of shortages.

Shortages

A situation in which the demand for a product or service exceeds the supply available at a particular price.

Quantity Supplied

Refers to the amount of a good or service that producers are willing and able to sell at a given price during a specific period.