A Company Is Studying the Number of Monthly Absences Among

question 58

Multiple Choice

A company is studying the number of monthly absences among its 125 employees. The following probability distribution shows the likelihood that people were absent 0, 1, 2, 3, 4, or 5 days last month. What is the variance of the number of days absent?

• A)1.1616
• B)1.41
• C)5.00
• D)55.52

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Definitions:

Material Breach

A significant violation of a contract that harms the interests of the other party involved, justifying the termination of the agreement.

Concurrent Conditions

In law, these are conditions that must occur or be performed at the same time by the parties to a contract.

Condition Subsequent

A condition in a contract that, if it occurs, could terminate the contract or change the parties' obligations going forward.

Satisfaction Of The Buyer

The fulfillment and acceptance of all specified requirements by the buyer in a transaction.