Below Is the Probability Distribution for Random Variable X

question 49

Multiple Choice

Below is the probability distribution for random variable x.What is the standard deviation of this probability distribution?

• A) 0.48
• B) 0.69
• C) 0.24
• D) 2.00

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Definitions:

Incremental Variable Costs

Costs that vary with the level of output or activity, changing as the quantity produced changes.

Fully Depreciated

A status of an asset whose entire cost has been expensed with respect to depreciation, leaving its book value at zero except for salvage value, if any.

Excess Capacity

A situation where a company can produce more goods or services than currently demanded by its market.

Unit Variable Cost

The variable cost associated with producing one unit of a product, including materials, labor, and other costs that vary with production volume.