(I If $\pi$ = 1/3 and N = 900, the Mean of This

question 55

Multiple Choice

(i. If $\pi$ = 1/3 and n = 900, the mean of this binomial distribution is 300. (ii) If n = 900 and $\pi$ = 1/3, the variance of this binomial distribution is 200.
(iii) If $\pi$ = 1/5 and n = 100, the standard deviation of this binomial distribution is four.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) is a correct statement but not (ii) or (iii).
• C) (i) and (ii) are correct statements but not (iii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Subsidiary Company

A company that is controlled by another company, typically referred to as the parent company.

Dividend Income

Earnings received by shareholders from their investment in a corporation's stocks, typically in the form of cash dividends.

Investment in Associates

A long-term investment in another company where the investor holds a significant but not majority stake, typically 20%-50% of the voting stock.

Equity Method

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of net assets of the investee.