The sum of the product of each value of a discrete random ...

[go.lag]

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

[scrocafella]

Answer to Question 1

B

Answer to Question 2

B

[go.lag]

Thanks for the timely response, appreciate it

[laurnthompson]

Great answer, keep it coming