Table 5-1 -Refer to the Table 5-1.What Is the NNP for This

question 22

Multiple Choice

Table 5-1
-Refer to the Table 5-1.What is the NNP for this economy?

• A) $164
• B) $170
• C) $183
• D) $192

---

Definitions:

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Expected Value

The long-run average value of repetitions of the experiment it represents, computed as the weighted average of all possible values.

Poisson Random Variable

Represents the number of events occurring in a fixed interval of time or space, assuming that these events happen with a known constant mean rate and independently of the time since the last event.

Random Variable

A variable whose possible values are numerical outcomes of a random phenomenon, used in probability and statistics to model randomness.