Multiple Choice
Janet is planning to rent a booth at a festival for a day to sell clothes that she has made.She sells jackets for $80 and skirts for $50.Her past experiences suggests that sales of jackets will have a mean of 6.5 with a standard deviation of
,and sales of skirts will have a mean of 12.6 with a standard deviation of
.The cost of renting the booth for the day is $180.Let the random variable J represent the number of jackets that Janet sells and the random variable S represent the number of skirts that Janet sells.Then Janet's net income,I,is given by the expression:
I = 80J + 50S - 180
Find an expression for the standard deviation of Janet's net income.Assume that sales are independent of each other.
A) σ = 80
+ 50
B) σ =
C) σ =
D) σ =
E) σ = 80
+ 50
- 180
Correct Answer:

Verified
Correct Answer:
Verified
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