According to Geologists, the San Francisco Bay Area Experiences Five

question 60

Multiple Choice

According to geologists, the San Francisco Bay Area experiences five earthquakes with a magnitude of 6.5 or greater every 100 years. What is the standard deviation of the number of earthquakes with a magnitude of 6.5 or greater striking the San Francisco Bay Area in the next 40 years?

• A) 1.414
• B) 2.000
• C) 2.236
• D) 5.000

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Definitions:

Expected Income

The income an individual anticipates receiving, based on current or future economic conditions.

Low Effort

The minimal exertion of physical or mental energy by an individual or group, often resulting in reduced productivity or output.

Bad Luck

An occurrence of unfavorable or adverse outcomes or circumstances, often beyond one's control.

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another.