Business Statistics MCQ Questions - Topic
Expected Value and Variance MCQ with Answers PDF
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Expected Value and Variance Multiple Choice Questions (MCQ), Expected Value and Variance quiz answers PDF with business statistics career tests for online courses. Practice probability distributions Multiple Choice Questions and Answers (MCQs), Expected Value and Variance quiz questions for BS degree in business administration. Expected Value and Variance Interview Questions PDF: binomial distribution, standard normal probability distribution, discrete probability distributions test prep for online college classes.
"The value which is obtained by multiplying the possible values of random variable with the probability of occurrence and is equal to weighted average is called" MCQ PDF on expected value and variance with choices discrete value, weighted value, expected value, and cumulative value for BS degree in business administration. Practice expected value and variance quiz questions for merit scholarship test and certificate programs for online degrees.
MCQs on Expected Value and Variance Quiz
MCQ: The value which is obtained by multiplying the possible values of random variable with the probability of occurrence and is equal to weighted average is called
MCQ: The demand of products per day for three days are 21, 19, 22 units and their respective probabilities are 0.29, 0.40, 0.35. The profit per unit is $0.50 then the expected profits for three days are
MCQ: The probability which explains x is equal to or less than particular value is classified as
MCQ: The selling price of product is subtracted from purchasing price of product to calculate
MCQ: The number of units multiply profit per unit multiply probability to calculate