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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 94

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You have recently joined a country club.The number of times you expect to play golf in a month is represented by a random variable with a mean of 10 and a standard deviation of 2.2.Assume you pay monthly membership fees of $500 per month and pay an additional $50 per round of golf.
-What is the standard deviation for your average monthly bill from the country club?


A) $220
B) $110
C) $324
D) $180

Correct Answer:

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