SCENARIO 5-11 Subscribers to Investment Advice White Letters Perform Security Transactions at Transactions

question 28

Short Answer

SCENARIO 5-11
Subscribers to Investment Advice White Letters perform security transactions at the rate of five trades per month.Assume that one of the subscribers performs transactions at this rate and the probability of a transaction for any two months is the same and the number of transactions in one month is independent of the number of transactions in another month.
-Referring to Scenario 5-11,what is variance of the number of transactions per month for this subscriber?

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Area

A measure of the extent of a two-dimensional surface or shape, or the amount of space inside the boundary of a flat (2D) object.

Per-unit Burden

The cost or tax levied on each unit of a good or service.

Sellers

Individuals, companies, or entities that offer goods or services for sale in the market.

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Compulsory contributions to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.