Expected monetary value is the weighted sum of the possible ...

[viki]

Expected monetary value is the weighted sum of the possible monetary outcomes.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

A scatterplot that exhibits a fan shape (the variation of Y increases as X increases) is an example of:
 a. homoscedasticity
  b. heteroscedasticity
  c. autocorrelation
  d. multicollinearity

[juliaf]

Answer to Question 1

TRUE

Answer to Question 2

a

[viki]

Thanks for the timely response, appreciate it

[TheNamesImani]

Great answer, keep it coming