Refer to the Following Probability Distribution for Profit to Answer $$\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 &0 .25 \\50 & 0.60 \\60 & 0.10\end{array}$$

question 27

Multiple Choice

Refer to the following probability distribution for profit to answer the question below: $$\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 &0 .25 \\50 & 0.60 \\60 & 0.10\end{array}$$ What is the variance of this distribution?

• A)48.75
• B)2,376
• C)525
• D)70
• E)11.875

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Definitions:

Interviewer Error

Mistakes or biases by an interviewer that can affect the reliability and validity of the interview outcomes.

Observational Learning

The process of learning by observing the behaviors of others and the outcomes of those behaviors.

Retains

The ability to keep or hold onto something, such as employees retaining their jobs or customers retaining loyalty to a brand.

Vividness

Vividness describes the intensity or clarity of something, making it stand out in memory or perception due to its brightness, distinctiveness, or detail.