An auto insurance company pays rebates averaging $86.18 annually with a standard deviation of $6.12 to drivers

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An auto insurance company pays rebates averaging $86.18 annually with a standard deviation of $6.12 to drivers without an accessory the year. If 2,560 drivers received a rebate, what is the expected value and standard 3for the total rebates given?

A) ux= $204,953.60; SD = $125.17

B) ux = $204,953.60; SD = $309.65

C) ux = $220,620.80; SD = $125.17

D) ux = $220,620.80; SD = $309.65

E) ux = $220,620.80; SD = $6333.09

Related Book For answer-question

Essentials of Statistics for the Behavioral Sciences

ISBN: 978-1285056340

8th Edition

Authors: Frederick J Gravetter, Larry B. Wallnau

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Posted Date: Apr 01, 2022 01:38 AM

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An auto insurance company pays rebates averaging $86.18 annually with a standard deviation of $6.12 to drivers

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Essentials of Statistics for the Behavioral Sciences

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