In the Context of Setting Up Your Budget, Which of the Following

question 102

Multiple Choice

In the context of setting up your budget, which of the following expense tracking tools tracks your spending and suggests budget levels based on that spending?

• A) LemonFree.com
• B) Mint.com
• C) Xoom
• D) PayUMoney

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Definitions:

Random Variable

A variable whose possible values are numerical outcomes of a random phenomenon.

Standard Deviation

An indicator that quantifies the extent to which values in a collection differ from the average, showcasing the degree of spread or divergence among the data points.

Mean

The arithmetic average of a set of values, found by adding them together and dividing by the number of terms.

Normal Distribution

Data points nearest to the mean occur more frequently in this symmetric probability distribution, with diminishing occurrences of data points as they deviate from the mean.