(Requires Calculus

question 58

Essay

(Requires calculus. )Let Y be a Bernoulli random variable with success probability Pr(Y = 1)= p.It can be shown that the variance of the success probability p is .Use calculus to show that this variance is maximized for p = 0.5.

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Definitions:

Short-term Investments

Investments that are expected to be converted into cash within one year or during the next operating cycle, whichever is longer.

Capital Acquisitions Ratio

A measure of a company's ability to fund capital expenditures from internal cash flow, impacting its long-term sustainability.

Operating Activities

Activities that relate directly to the primary operations of a company, such as selling goods and services.

Property, Plant

Refers to the long-term assets owned by a company that are used in producing goods or services. This category includes buildings, machinery, and equipment.