24.7 Estimating Variation.A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The standard deviation in payoffs for hiring migrant workers is ________________________ .

A)$21,651
B)$12,990
C)$5495
D)$2500
E)None of the above.

Question

24.7 Estimating Variation.A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The standard deviation in payoffs for hiring migrant workers is ________________________ .

A)$21,651 
B)$12,990 
C)$5495 
D)$2500 
E)None of the above.

Quizplus · Accepted Answer

The Answer of 24.7 Estimating Variation.A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The standard deviation in payoffs for hiring migrant workers is ________________________ .

A)$21,651 
B)$12,990 
C)$5495 
D)$2500 
E)None of the above.

247 Estimating Variation