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A Company Is Studying the Number of Monthly Absences Among

question 55

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A company is studying the number of monthly absences among its 125 employees. The following probability distribution shows the likelihood that people were absent 0, 1, 2, 3, 4, or 5 days last month. A company is studying the number of monthly absences among its 125 employees. The following probability distribution shows the likelihood that people were absent 0, 1, 2, 3, 4, or 5 days last month.   What is the variance of the number of days absent? A)  1.1616 B)  1.41 C)  5.00 D)  55.52 What is the variance of the number of days absent?


Definitions:

Base Rate

The minimum interest rate set by a central bank, which serves as a benchmark for banks and other lenders when setting their interest rates.

Risk Premium

The extra return above the risk-free rate that investors require as compensation for the risk of an investment.

Maturity Structure

The categorization of a company's or government's debt based on the lengths of time until those debts are due or mature.

Interest Rates

The fraction of a total amount of money that is levied as a fee for borrowing it, signifying the expense of taking out a loan or the earnings from putting money into savings.

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