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Business, 15.04.2020 17:47 036501

Demand in each period follows the same normal distribution, with mean mu and standard deviation sigma. Assuming demand is independent across periods, which of the following statements about the standard deviation of demand over five periods is true?a. It equals sigma. b. It is greater than sigma but less than 5*sigma. c. It equals 5*sigma. d. It is even more than 5*sigma

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Demand in each period follows the same normal distribution, with mean mu and standard deviation sigm...

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