A Firm Is Considering Two Projects,A and B,with the Following

question 59

Multiple Choice

A firm is considering two projects,A and B,with the following probability distributions for profit. $$\begin{array} { c c c } \begin{array} { c } \text { Prafit } \\\text { (\$1,000s) }\end{array} & \begin{array} { c } \text { Praject } A \\\text { Prabability } ( \% ) \end{array} & \begin{array} { c } \text { Project } B \\\text { Prabability } ( \% ) \end{array} \\\hline \$ 20 & 10 & 10 \\40 & 15 & 15 \\60 & 50 & 25 \\80 & 15 & 40 \\100 & 10 & 10\end{array}$$ Given the above,what is the variance of project B?

• A)10
• B)21
• C)165
• D)440
• E)515

Understand the concept of theory of mind and its development with age.

Recognize the gender differences in coping with stress and its impact on mental health.

Identify and differentiate between various attachment styles in infants.

Understand nonverbal encoding in child development and its significance.

---

Definitions:

Privity of Contract

The principle that a contract is a private agreement between the parties involved and no one else.

Statutory Assignment

A legal transfer of a right or interest under a statute, allowing the assignee to enforce it.

Novation

The act of replacing an old obligation with a new one, thereby extinguishing the original obligation.

Privity of Contract Rule

A legal principle stating that only parties involved in the creation of a contract can sue or be sued under the terms of that contract.