​Four Possibilities Have Probabilities 0

question 49

Multiple Choice

​Four possibilities have probabilities 0.4,0.2,0.2 and 0.2 and values $10,$20,$30,and $40 respectively.The expected value is:

• A)​$22
• B)$24
• C)$26
• D)​$28

Understand the role of personality traits in social, academic, and professional contexts.

Describe how personality traits influence health and longevity.

Understand the application of personality assessment in understanding individual differences.

Explain the evolutionary perspective on the persistence of Big Five personality traits across human societies.

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Definitions:

Cash Inflows

Funds being received by a company or individual, which could originate from sales, financing, or investments.

Exchange Rate

The Exchange Rate is the price at which one currency can be exchanged for another, affecting international trade and investments.

Inflation Rate

The speed at which the overall price levels for products and services increase, leading to a decrease in buying power.

Indirect Exchange Rate

An exchange rate quoted as the foreign currency per unit of the domestic currency, which is the reciprocal of the more common direct exchange rate format.