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Oriental Reproductions, Inc The Standard Deviation for the Production Is
A) 4

Question 54

Multiple Choice

Oriental Reproductions, Inc.is a company that produces handmade carpets with oriental designs.The production records show that the monthly production has ranged from 1 to 5 carpets.The production levels and their respective probabilities are shown below.  Production  Per Month  Probability 10.0120.0430.1040.8050.05\begin{array}{cc}\text { Production } & \\\text { Per Month } & \text { Probability } \\1 & 0.01 \\2 & 0.04 \\3 & 0.10 \\4 & 0.80 \\5 & 0.05\end{array} The standard deviation for the production is


A) 4.32
B) 3.74
C) 0.374
D) 0.612

Correct Answer:

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