Consider the Following to Answer the Question(s) Below

question 8

Multiple Choice

Consider the following to answer the question(s) below:
The owner of a small convenience store is trying to decide whether to discontinue selling magazines. He suspects that only 5% of the customers buy magazines and thinks that he might be able to sell something more profitable. Before making a final decision, he keeps track of the number of customers who buy magazines each day. On a typical day he has 280 customers in his store.
-On a typical day, what would be the standard deviation of the number of customers who buy magazines?

• A) 3.65
• B) 14
• C) 13.32
• D) 25
• E) 5

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Definitions:

Unethical Behaviors

Actions that violate moral principles or professional standards, potentially harming individuals or the organization.

Commitment Phase

A stage in a project or process where parties involved confirm their dedication and willingness to see through the objectives and tasks.

Socialization Process

The method by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their social positions.

Sense of Trust

The belief in the reliability, truth, ability, or strength of someone or something.