For the Following Distribution: What Is the Variance of the Distribution

question 53

Multiple Choice

For the following distribution: What is the variance of the distribution?

• A) 2.1
• B) 0.132
• C) 0.364
• D) 1.000

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Definitions:

Repaid

The act of paying back money that was borrowed from a person, bank, or financial institution.

Interest Rate

The ratio at which interest is applied to money loaned by a borrower from a lending party.

Compounded Semi-annually

A financial term indicating the interest on an investment is calculated and added to the principal balance twice every year, enhancing the total return over periods.

Obligation

A duty or commitment to pay money or perform some action.