If a Payout Is Certain to Occur,then the Variance of That

question 117

Multiple Choice

If a payout is certain to occur,then the variance of that payout equals

• A) zero.
• B) one.
• C) the expected value.
• D) the expected value squared.

---

Definitions:

Handwritten Note

A personally written message on paper, often used for communication in a more personal or formal setting.

Direct Organizational Strategy

A straightforward planning approach focusing on explicit objectives and paths for achieving an organization's goals.

Social Media Sites

Online platforms that facilitate social networking and content sharing among users.

Podcasts

Digital audio or video files available for streaming or download, typically part of a series, featuring content on various topics.