A Market Research Team Compiled the Following Discrete Probability Distribution

question 47

Multiple Choice

A market research team compiled the following discrete probability distribution.In this distribution x represents the number of automobiles owned by a family. The standard deviation of x is ___.

• A)0.80
• B)0.89
• C)1.00
• D)2.00
• E)2.25

Explore strategies for improving memory for individuals at different life stages.

Gain insight into cognitive strategies that enhance problem-solving, decision-making, and critical thinking abilities.

Understand the effectiveness of questioning techniques in legal settings involving children.

Grasp the importance of developing attention and perception skills in children.

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Definitions:

Capital Flows

The transfer of funds to support trade, investment, or business activities, domestically or across borders.

Short-run Profits

The profit earned by a firm during a period where at least one input is fixed, typically analyzed to understand performance without long-term adjustments.

Capital Flow

The movement of money for the purpose of investment, trade, or business production across international borders.

Industry's Short-run

A period in which at least one of a firm's inputs is fixed, limiting the firm's ability to adjust to changes in market demand.