Use the Following to Answer the Question(s) Below

question 65

Multiple Choice

Use the following to answer the question(s) below.
A men's clothing store has determined the following probability distribution for the number of special size orders placed per month. The distribution is as follows:
Number Ordered Probability
0 0.10
5 0.10
10 0.12
15 0.30
20 0.38
-The standard deviation of the number of special size orders placed per month is

• A) 24.516.
• B) 4.95.
• C) 15.345.
• D) 6.60.
• E) 3.88.

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Officially given permission or power to do something.

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The express and implied powers granted by a principal to an agent to act on the principal’s behalf.

Apparent Authority

The appearance or assumption of authority based on the actions or words of the principal, which a third party reasonably believes the agent has.

Implied Authority

Authority of an agent that is not expressly granted but rather implied by the actions, situation, or responsibilities given to the agent.