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Author Question: The sum of the product of each value of a discrete random variable X and its probability is referred ... (Read 81 times)

go.lag

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on: Jun 24, 2018
The sum of the product of each value of a discrete random variable X and its probability is referred to as its:
 
  A) probability distribution.
  B) expected value.
  C) variance.
  D) standard deviation.

Question 2

If the firm interviewed was expecting medium or high growth, what is the probability of the firm being located in the West?
 
  A) 0.16
  B) 0.31
  C) 0.46
  D) 0.27


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scrocafella

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


go.lag

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

parker125

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Reply 3 on: Yesterday
Excellent

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