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247 Estimating Variation

Question 11

Multiple Choice

24.7 Estimating Variation.A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The standard deviation in payoffs for hiring migrant workers is ________________________ .
24.7 Estimating Variation.A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The standard deviation in payoffs for hiring migrant workers is ________________________ . A) $21,651 B) $12,990 C) $5495 D) $2500 E) None of the above.


A) $21,651
B) $12,990
C) $5495
D) $2500
E) None of the above.

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