# Please show work for how to find the answer. You are the producer for the television...

###### Question:

You are the producer for the television show Actuarial Idol. Each year, 1000 actuarial clubs audition forthe show The probability of a cdlub being accepted is 0.20. The number of members of an accepted club has a distribution with mean 20 and variance 20. Club acceptances and the numbers of club members are mutually independent. 7 Your annual budget for persons appearing on the show equals 10 times the expected number of persons plus 10 times the standard deviation of the number of persons. Calculate your annual budget for persons appearing on the show. (A) 42,600 (B) 44,200 (C) 45,800 (D) 47,400 (E) 49,000

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