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During the winter the coefficient of correlation for monthly snowfall in the north versus south sides of the city is 0.8. The other parameters for
During the winter the coefficient of correlation for monthly snowfall in the north versus south sides of the city is 0.8. The other parameters for monthly snowfall (cm) is:
north side : mean (80) s.d. (25)
south side mean (90) s.d. (30)
The city's snow removal costs are $120 per cm. for the north side and $100 per cm for the south side and $5000 per month regardless of snowfall.
What is the standard deviation of the total cost of snow removal per month in the city^
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