Nina saved money in her piggy bank to buy a music player she started by saving 30$ that she received for her birthday and then s
he saved 10$ from her allowance each month for 6 months. The table below shows the total amount of money Nina had save at the end of each month for 6 months .
2 answers:
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Answer:
The mean and standard deviation of Y is $6.56 and $2.77 respectively.
Step-by-step explanation:
Consider the provided information.
Let Y represent their profit on a randomly selected pizza with this promotion.
The company is going to run a promotion where customers get $2 off any size pizza.
Therefore,
So the mean will be reduced by 2.
If we add or subtract any constant number from a given distribution, then the mean is changed by the same number(i.e constant number) but the standard deviation will remain the same.
Therefore
Hence, the mean and standard deviation of Y is $6.56 and $2.77 respectively.