Janet Is Planning to Rent a Booth at a Festival

question 121

Multiple Choice

Janet is planning to rent a booth at a festival for a day to sell clothes that she has made.She sells jackets for $175 and skirts for $130.Her past experiences suggests that the total number of jackets sold will have a mean of 7.0 with a standard deviation of 1.7,and the total number of skirts sold will have a mean of 11.7 with a standard deviation of 2.6.The cost of renting the booth for the day is $200.What are the mean and standard deviation of her net income? [Hint: you should first define random variables and use them to express her net income.]

• A)μ = $2520,σ = $37.21
• B)μ = $2520,σ = $450.28
• C)μ = $2520,σ = $635.50
• D)μ = $2520,σ = $435.50
• E)μ = $2520,σ = $3006.00

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Definitions:

Job Satisfaction

The extent to which employees feel content with their jobs, including aspects such as work tasks, environment, and relationships with coworkers and supervisors.

Embedded

Integrated or firmly ingrained within a particular environment, context, or system.

Community

A group of people living in the same place or having a particular characteristic in common, or a feeling of fellowship with others as a result of sharing common attitudes, interests, and goals.

Withdrawal Response

Withdrawal response is a behavior where an individual disengages or distances themselves from a particular situation, often as a strategy to avoid stress or conflict.