Consider the Experiment of Tossing a Fair Coin Three Times

question 96

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)0.75
• D)0.87

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Definitions:

Economic Contraction

A slowdown of the economy characterized by a decline in spending and during which businesses cut back on production and lay off workers.