Business Statistics Learning App | Expected Value and Variance Trivia e-Book PDF

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Business Statistics MCQs – Certification Test 101

Expected Value and Variance Trivia (Question 101) – Learning App & e-Book Download

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MCQ 101: 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:

  1. discrete value
  2. weighted value
  3. expected value
  4. cumulative value

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