Assume That a Probability Distribution Is Described by the Discrete $$\mu = \frac { \mathrm { n } + 1 } { 2 } \text { and } \sigma = \sqrt { \frac { \mathrm { n } ^ { 2 } - 1 } { 12 } }$$

question 92

Essay

Assume that a probability distribution is described by the discrete random variable x that can assume the values 1, 2, . . . , n; and those values are equally likely. This probability has mean and standard deviation described as follows: $$\mu = \frac { \mathrm { n } + 1 } { 2 } \text { and } \sigma = \sqrt { \frac { \mathrm { n } ^ { 2 } - 1 } { 12 } }$$ Show that the formulas hold for the case of n = 7.

Understand the characteristics and types of corporations.

Recognize the accounting implications of share transactions and treasury stock.

Comprehend the legal and financial distinctions between common and preferred stock.

Identify the corporate governance structure and roles of key officers.

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