If the Probability Distribution of X Is: What Is

question 68

Multiple Choice

If the probability distribution of X is: What is the variance of X?

• A)1.0
• B)5.0
• C)2.25
• D)2.24

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Definitions:

Operating Income

A company's profit after subtracting operating expenses, such as wages and cost of goods sold, from its gross revenue.

Return on Investments

A measure of the profitability of an investment, calculated by dividing the net profit from the investment by the total amount invested.

Budget Performance Report

A financial report comparing the actual financial activity to the forecasted or budgeted financial performance.

Variances

Differences between planned or expected financial performance and the actual performance.