If $\mathrm { x }$ Is a Binomial Random Variable, Calculate $\sigma$

question 58

Multiple Choice

If $\mathrm { x }$ is a binomial random variable, calculate $\sigma$ for $\mathrm { n } = 60$ and $\mathrm { p } = 0.7$ . Round to three decimal places when necessary.

• A) \(6.481\)
• B) \(3.55\)
• C) 42
• D) \(12.6\)

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Definitions:

Technical Analysts

Specialists who evaluate stocks and securities by analyzing statistical trends, such as price movements and trading volume, to forecast future price behavior.

Bullish

An optimistic viewpoint or expectation that a particular asset, security, or the market as a whole will increase in value.

Disposition Effect

The tendency of investors to sell assets that have increased in value while holding assets that have decreased in value.

Losing Investments

Investments that have decreased in value from the initial purchase price, resulting in financial loss.