Exhibit 5-13
Oriental Reproductions, Inc. is a company that produces handmade carpets with oriental designs. The production records show that the monthly production has ranged from 1 to 5 carpets. The production levels and their respective probabilities are shown below.
-Refer to Exhibit 5-13. The standard deviation for the production is
A) 4.32
B) 3.74
C) 0.374
D) 0.612
Correct Answer:
Verified
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