Mathematics, 23.10.2019 17:50 nsbegay2007

An author receives a contract from a publisher, according to which she is to be paid a fixed sum of $20,000 plus $3.50 for each copy of her book sold. the author judges that her uncertainty about total sales of the book can be represented by a random variable with a mean of 17,000 and a standard deviation of 4,000 books. find the mean and standard deviation of the total payments she will receive.

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An author receives a contract from a publisher, according to which she is to be paid a fixed sum of...