The Number of Homes Sold by a Realtor During a Month

question 10

Multiple Choice

The number of homes sold by a realtor during a month has the following probability distribution: What is the standard deviation of the number of homes sold by the realtor during a month?

• A) 0.56
• B) 0.75
• C) 1
• D) 1.2

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies, where the investment is recorded at original cost and subsequently adjusted to reflect the investor's share of the net assets of the investee.

Carrying Value

The book value of an asset or liability on a company's balance sheet, representing its value according to accounting standards.

Unrealized Gain

A profit that results from an investment that has increased in value but has not yet been sold for cash.

Acquisition Differential

The gap between what a company is bought for and the true worth of its recognizable assets and debts.