Janet Is Planning to Rent a Booth at a Festival

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 $175 and skirts for $130.Her past experiences suggests that the total number of jackets sold will have a mean of 7.0 with a standard deviation of 1.7,and the total number of skirts sold will have a mean of 11.7 with a standard deviation of 2.6.The cost of renting the booth for the day is $200.What are the mean and standard deviation of her net income? [Hint: you should first define random variables and use them to express her net income.]

A) μ = $2520,σ = $37.21
B) μ = $2520,σ = $450.28
C) μ = $2520,σ = $635.50
D) μ = $2520,σ = $435.50
E) μ = $2520,σ = $3006.00