In the Above Example, the Mean Is Also Equal to

question 16

Multiple Choice

In the above example, the mean is also equal to

• A) The mode
• B) The probability of randomly drawing a 1
• C) The median
• D) The probability of drawing a 0

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Definitions:

Present Value

The value today of a future sum of money or sequence of cash flows, when discounted by a certain rate of return.

Float

The total number of shares of a company that are available for trading by the public.

Checks

Financial instruments that order a bank to pay a specific amount of money from the writer's bank account to the person or entity in whose name the check has been issued.