An auto insurance company pays rebates averaging $86.18 annually with a standard deviation of $6.12 to drivers
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Question:
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
Essentials of Statistics for the Behavioral Sciences
ISBN: 978-1285056340
8th Edition
Authors: Frederick J Gravetter, Larry B. Wallnau
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