Examlex

Solved

Find the Standard Deviation of the Random Variable A) 6.866.86 B) 4.454.45

question 143

Multiple Choice

Find the standard deviation of the random variable.
-The random variable X is the number of houses sold by a realtor in a single month at the Sendsom's Real Estate office. Its probability distribution is given in the table. Round the answer to two decimal
Places.  Houses Sold (x)  01234567 Probability P(x) 0.240.010.120.160.010.140.110.21\begin{array}{c|cccccccc}\text { Houses Sold (x) } & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 \\\hline \text { Probability } \mathrm{P}(\mathrm{x}) & 0.24 & 0.01 & 0.12 & 0.16 & 0.01 & 0.14 & 0.11 & 0.21\end{array}


Definitions:

Meganational Strategy

A corporate strategy that involves operating in multiple countries around the world and coordinating marketing, production, and other business activities on a global scale. (Note: This term is not commonly used and might refer to what is traditionally known as a multinational or global strategy.)

Transnational Strategy

A business strategy that involves operating in several countries while optimizing flexibility and local responsiveness.

Knowledge Flow

The process through which information and expertise are disseminated within and between organizations, teams, or individuals.

Locally Responsive

A strategy where a company adapts its products, services, and business practices to meet the needs and preferences of local markets.

Related Questions