The financial aid office at a state university conducts a study to determine the total student costs per semester. All students are charged $4500 for tuition. The mean cost for books is $350 with a standard deviation of $65. The mean outlay for room and board is $2800 with a standard deviation of $380. The mean personal expenditure is $675 with a standard deviation of $125. Assuming independence among categories, what is the standard deviation of the total student costs? O $570 O $190 O $91 O $24 $405

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

4

The financial aid office at a state university conducts a study
to determine the total student costs per semester. All
students are charged $4500 for tuition. The mean cost for
books is $350 with a standard deviation of $65. The mean
outlay for room and board is $2800 with a standard deviation
of $380. The mean personal expenditure is $675 with a
standard deviation of $125. Assuming independence among
categories, what is the standard deviation of the total student
costs?
O $570
O $190
O $91
O $24
$405
Transcribed Image Text:The financial aid office at a state university conducts a study to determine the total student costs per semester. All students are charged $4500 for tuition. The mean cost for books is $350 with a standard deviation of $65. The mean outlay for room and board is $2800 with a standard deviation of $380. The mean personal expenditure is $675 with a standard deviation of $125. Assuming independence among categories, what is the standard deviation of the total student costs? O $570 O $190 O $91 O $24 $405
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman