A random variable x has the following probability distribution: x f(x) 0 0.08 1 0.17 2 0.45 3 0.25 4 0.05
a. Determine the expected value of x.
b. Determine the variance.
a. 2.02
b. 0.9396
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What foreign exchange transactions do banks typically engage in?
What will be an ideal response?
Identify the statement that supports ubiquitous marketing department concept
A) Marketing is performed by all departments and functions in an organization. B) Marketing is what the people in the marketing department do. C) Employees in an organization are collectively responsible for marketing efforts. D) Marketing department should be integrated with service and sales.
What should be the formula in B8?
a) =B1/(B2-B7/(1-B6))
b) =B2/(B3-B7/(1-B6))
c) =B2/B3-B7/(1-B6)
d) =B3/(B2-B7/(1-B6))
e) =B2/(B3-B7/(1+B6))
The value of official money is nominally constant
Indicate whether the statement is true or false