# Ralph wants to join a travel soccer team, a discretionary expense. His parents tell him he must get a job to earn the money to cover the costs. Ralph now views this discretionary expense as an essential expense since he must pay his parents back. The costs of the travel team are listed below. a. Find the total cost of

Chapter 1, Application 1.2 #10

Ralph wants to join a travel soccer team, a discretionary expense. His parents tell him he must get a job to earn the money to cover the costs. Ralph now views this discretionary expense as an essential expense since he must pay his parents back. The costs of the travel team are listed below.

a. Find the total cost of being on the team.

b. If Ralph takes a summer job and works 10 weeks over the summer, how much must he average each week to cover the travel team expenses?

c. If Ralph is paid at a flat rate of exactly q dollars each week, what is the standard deviation of the distribution of his 10 weekly paychecks?

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**Related Book For**

## Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790