What Is Represented by the Term X_i in the Expression

question 40

Multiple Choice

What is represented by the term x_i in the expression x = Σ (xipi) ? i=1

• A) The mean outcome
• B) The value of an outcome
• C) The dispersion of the outcome
• D) The probability of the outcome

---

Definitions:

World Trade

The exchange of goods and services across international borders and territories, impacting global economies, standards of living, and the development of nations.

Countries

Distinct territorial bodies or political entities recognized as independent states, characterized by their own government and boundaries.

United States

A country in North America comprising 50 states, a federal district, five major self-governing territories, and various possessions.

World Trade Organization

An international body that deals with the rules of trade between nations, aiming to ensure that trade flows smoothly, predictably, and freely.