Business Statistics MCQs – Certification Test 179

Expected Value and Variance MCQ (Question 179) – App & e-Book Download

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MCQ 179: 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:

21, 19, 22
21.5, 19.5, 22.5
0.29, 0.40, 0.35
3.045, 3.8, 3.85

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Expected Value & Variance MCQ App & e-Book – Business Statistics Textbook Tests

Interquartile Deviation Test 190

Averages of Position Test 191

Normal Distribution Test 192

Cluster Sampling Test 193

Introduction to Statistics Test 194

Data Tables and Types Test 195

Data Classification Test 196

Stratified Sampling Test 197

Data Tables and Types Test 198

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