Independent solution
How to solve this Uniform Distribution question
Setup
Setup
Let X be the base amount and express the total charge Y as an affine transformation.
Model
Model
A uniform interval's standard deviation is its width divided by the square root of twelve. Under an affine transformation, constants do not affect standard deviation and a positive multiplier scales it directly.
Compute
Compute
Substitute the interval width and surcharge factor.
Answer
Answer
The total-charge standard deviation rounds to 46.9.