The Roll of a Pair of Dice Has the Following

question 123

Multiple Choice

The roll of a pair of dice has the following probability distribution, where the random variable is the sum of the values produced by each die: Calculate the standard deviation of x.

• A) 3.415
• B) 2.333
• C) 3.125
• D) 2.415

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Definitions:

Expenditures

The total amount of money spent by an individual, firm, or government on goods and services.

Income

The earnings acquired, often periodically, for performing job duties or from investment gains.

Net Exports

The value of a country's total exports minus its total imports, representing the net amount of goods and services being traded with other countries.

GDP Deflator

An indicator used to determine the price levels of newly produced domestic final goods and services, assisting in the conversion of nominal GDP to real GDP.