Consider the Experiment of Tossing a Fair Coin Three Times

question 13

Multiple Choice

Consider the experiment of tossing a fair coin three times and observing the number of heads that result (X = number of heads) . What is the variance for this distribution?

• A) 1.5
• B) 1.22
• C) .75
• D) .87

---

Definitions:

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and infrastructure.

Total Burden

The complete impact, often financial or economic, borne by an entity or system as a consequence of a particular action or policy.

Partnerships

A lawful business structure involving two or more people who jointly manage and distribute earnings.

Proprietorships

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.