If X Is a Binomial Random Variable, Calculate $\sigma ^ { 2 } \text { for } n = 40 \text { and } p = 0.3 \text {. }$

question 157

Multiple Choice

If x is a binomial random variable, calculate $\sigma ^ { 2 } \text { for } n = 40 \text { and } p = 0.3 \text {. }$

• A) 12
• B) 3.6
• C) 2.898
• D) 8.4

---

Definitions:

Lost Profits

Potential earnings that were not realized due to the wrongful acts of another party, frequently sought as damages in legal disputes.

Law of Restitution

A legal principle that requires a party to return or compensate for benefits unjustly received at the expense of another.

Misrepresentation

The act of providing false or misleading information, often to persuade someone to enter into a contract.

Avoid a Contract

To declare a contract null and void, either because it is legally defective or through mutual agreement between the parties.