A Share of an Oil Company Can Be Worth $10

question 96

Multiple Choice

A share of an oil company can be worth $10 with a probability of 0.50 and $20 with a probability of 0.50.What is the standard deviation of the price of this share?

• A) 3
• B) 5
• C) 6
• D) 8.5

---

Definitions:

McLuhan

Marshall McLuhan, a media theorist known for coining the expressions "the medium is the message" and "global village," focusing on how media affects societal structures and individual perceptions.

Medium

In sociological contexts, refers to a channel of communication that influences or facilitates social interaction or the dissemination of information.

Technology Analyses

The systematic evaluation of the technical aspects, applications, implications, and impacts of technology in society.

Digital Sociality

A social landscape in which new communication technologies are promoting human interaction and contact.