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Let Y be a random variable.Then var(Y)equals a. .
b. .
c. .
d. .
Natural Resources
Natural resources are materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
Business Planning
The process of formulating goals, strategies, and actions to start, sustain, and grow a business.
Communism
An economic system characterized by public ownership of property and government planning of the economy.
Capitalism
The dominant economic system in the world today. Capitalist economies are characterized by private ownership of property and competition in the pursuit of profit.
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