Compute the Standard Deviation of the Random Variable with the Given

question 94

Multiple Choice

Compute the standard deviation of the random variable with the given discrete probability distribution.
$\begin{array}{cc}x & P(x) \\\hline 0 & 0.2 \\5 & 0.45 \\15 & 0.05 \\25 & 0.3 \\\hline\end{array}$

• A) 99.8
• B) 10.5
• C) 11.25
• D) 10.0

Recognize the limitations and challenges of barter systems.

Identify the functions and characteristics of money.

Appreciate the role of specialization and labor division in economic exchange.

Explain the evolution of money from barter to contemporary forms.

---

Definitions:

Nontraditional Views

Perspectives or opinions that differ from or challenge conventional wisdom or accepted norms.

Collectivist Society

A society that prioritizes the group's needs over the individual's, often emphasizing strong social ties, cooperation, and group harmony.

Social Learning Theory

A theory that suggests people learn new behaviors through observational learning, or by watching others and imitating their actions.

Gender

The psychological aspects of being male or female.