Which of the Following Statements Is False

question 6

Multiple Choice

Which of the following statements is false?

• A) The mean of a discrete probability distribution is equal to the square root of the variance.
• B) The expected value of a discrete probability distribution is the long-run average value if the experiment is to be repeated many times.
• C) The standard deviation of a discrete probability distribution measures the average variation of the random variable from the mean.
• D) All of the above.
• E) None of these.

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Definitions:

Liabilities

Financial obligations or debts owed by a business to others, which must be paid back.

Merchandise Inventory

Merchandise inventory includes goods that a company intends to sell in the ordinary course of business, calculated at the cost of acquiring the goods.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Service Company

A business that provides intangible products or services to customers rather than physical goods.