For a Random Variable X,if V(cX)= 4V(X),where V Refers to the Variance,then

question 90

True/False

For a random variable X,if V(cX)= 4V(X),where V refers to the variance,then c must be 2.

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Definitions:

Manufacturing Departments

Specific areas within a manufacturing facility where distinct stages of production are carried out.

Predetermined Overhead Rates

Rates used to allocate overhead costs to products or job orders, based on estimated costs and activity levels.

Direct Labor-Hours

The sum of hours contributed by workers directly participating in the creation of a product or the execution of a service.

Variable Manufacturing Overhead

Costs in manufacturing that vary directly with the level of production output, such as utilities and raw materials.