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Janet Is Planning to Rent a Booth at a Festival $80\$ 80

Question 73

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\$ 80 and skirts for $50\$ 50 Her past experiences suggests that sales of jackets will have a mean of 6.5 with a standard deviation of σj\sigma _ { j } ,and sales of skirts will have a mean of 12.6 with a standard deviation of σs\sigma _ { s } .The cost of renting the booth for the day is $180\$ 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) ? = 80 σj\sigma _ { j } + 50 σs\sigma _ { s }
B) ? = 6400σj2+2500σs2180\sqrt { 6400 \sigma _ { j } ^ { 2 } + 2500 \sigma _ { s } ^ { 2 } - 180 }
C) ? = 80σj2+50σs2\sqrt { 80 \sigma _ { j } ^ { 2 } + 50 \sigma _ { s } ^ { 2 } }
D) ? = 6400σj2+2500σs2\sqrt { 6400 \sigma _ { j } ^ { 2 } + 2500 \sigma _ { s } ^ { 2 } }
E) ? = 80 σj\sigma _ { j } + 50 σs\sigma _ { s } - 180

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