This topic contains a solution. Click here to go to the answer

Author Question: The expected value of a random variable is: a. the measure of its variability. b. the most likely ... (Read 200 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
The expected value of a random variable is:
 a. the measure of its variability.
  b. the most likely outcome.
  c. the outcome that will occur on average.
  d. the relative frequency of a realization.

Question 2

In the absence of any legally binding enforcement mechanism, individual cartel producers may find it advantageous to cheat on the agreements and engage in secret price concessions.
 a. true b. false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

c

Answer to Question 2

a




Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library