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A Major Credit Card Company Has Determined That Customers Charge

Question 117

Multiple Choice

A major credit card company has determined that customers charge between $100 and $1,100 per
Month. Given that the average monthly amount charged is uniformly distributed, what is the
Standard deviation of the monthly amount charged?


A) 298.67
B) 275.57
C) 267.88
D) 288.67

Correct Answer:

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