Calculate the Standard Deviation of the Expected Dollar Returns for Ditto

question 75

Multiple Choice

Calculate the standard deviation of the expected dollar returns for Ditto Copier Center, given the following distribution of returns:

• A) $36.0
• B) $23.0
• C) $18.0
• D) $13.0
• E) $30.0

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Definitions:

Opportunity Cost

The expense incurred from overlooking the next most favorable choice during a decision-making process.

Microchip(s)

Small semiconductor devices that contain integrated circuits used for various technological applications.

Tire

A rubber covering, typically inflated or surrounding an air-filled tube, placed around a wheel to form a cushioned contact with the road.

Opportunity Cost

The dismissal of prospective benefits from other opportunities by settling on one choice.