Estimate the Variance for the Following Probability Distribution to Two

question 73

Multiple Choice

Estimate the variance for the following probability distribution to two decimal places. ​

• A) 2.16
• B) 1.33
• C) 1.16
• D) 1.78
• E) 1.00

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Definitions:

Accounting Period

The span of time at the end of which a company's financial performance is measured and reported.

Investments

Assets purchased with the aim of generating income or appreciation, such as stocks, bonds, or real estate.

Withdraw

Withdraw refers to the act of taking out money from a bank account or the removal of assets or resources from use or participation.

Capital Account

An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, such as property and stocks.