5.69 A consultant has three sources of incomefrom teaching short courses, from selling computer software, and from

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5.69 A consultant has three sources of income—from teaching short courses, from selling computer software, and from advising on projects. His expected annual incomes from these sources are $40,000,

$25,000, and $18,000, and the respective standard deviations are $2,000, $5,000, and $4,000. Assuming independence, find the mean and standard deviation of his total annual income.

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Essential Mathematics And Statistics For Science

ISBN: 9780470694480

2nd Edition

Authors: Graham Currell, Dr. Antony Dowman

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