A Town's Snowfall in December Averages 10 Cm with a Standard

question 82

Multiple Choice

A town's snowfall in December averages 10 cm with a standard deviation of 10 cm while in February,the average snowfall is 42 cm with a standard deviation of 16 cm.In which month is it more likely to snow 32 cm? Explain.

• A)February.Snowfall of 32 cm is \(\frac { 11 } { 5 }\) from the mean while snowfall of 32 cm is - \(\frac { 5 } { 8 }\) from the mean in December.
• B)December.Snowfall of 32 cm is - \(\frac { 5 } { 8 }\) from the mean while snowfall of 32 cm is \(\frac { 11 } { 5 }\) from the mean in February.
• C)It is equally likely in either month.One can't predict Mother Nature.
• D)December.Snowfall of 32 cm is \(\frac { 11 } { 5 }\) from the mean while snowfall of 32 cm is - \(\frac { 5 } { 8 }\) from the mean in February.
• E)February.Snowfall of 32 cm is - \(\frac { 5 } { 8 }\) from the mean while snowfall of 32 cm is \(\frac { 11 } { 5 }\) from the mean in December.

---

Definitions:

Per Month

A phrase indicating a recurring event or a calculation basis occurring every month.

Perpetual Preferred Share

A type of preferred stock that has no fixed maturity date, potentially offering dividends indefinitely.

Compounded

The process of generating earnings on an asset's reinvested earnings.

Quarterly Dividend

A dividend payment made to shareholders four times a year, each quarter.