The Distribution Whose Mean Is Equal to Its Variance Is

question 80

Multiple Choice

The distribution whose mean is equal to its variance is the ________ distribution.

• A) binomial
• B) Poisson
• C) hypergeometric
• D) continuous

---

Definitions:

Units of Output

The quantity of product produced, serving as a measure of a firm's or industry's total production.

Profit-maximizing

A strategy or approach aimed at achieving the highest possible profit, where revenue exceeds costs by the greatest amount.

Market Price

The present cost at which a product or service is available for purchase or sale in a specific market.

Total Cost

The cumulative amount of money spent or resources used in the production of goods or services, including fixed and variable costs.