Given That X Is a Hypergeometric Random Variable with N

question 108

Multiple Choice

Given that x is a hypergeometric random variable with N = 9, n = 3, and r = 5, compute the standard deviation of x.

• A) .745
• B) .556
• C) .208
• D) .456

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Definitions:

After-Tax Cash Flows

The net cash inflows and outflows of a project or investment after accounting for income taxes.

Pre-Tax Cash Flows

The amount of cash generated by a company's operations before considering the impact of income taxes.

Just-In-Time

An inventory management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce stock levels and increase efficiency.

Production Flexibility

The capability of a manufacturing system to adapt efficiently to changes such as new product introductions, production volume adjustments, and design alterations.