Adjusted gross income equals gross income minus:

a. vacancy and collection losses
b. depreciation
c. maintenance costs
d. taxes

Answer: a. vacancy and collection losses

Business

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Calculate the Expected Value of the following Probability Distribution:

Loss Outcome Probability -3 10% -5 35% -6 55% A) -4.65 B) -5.35 C) -4.67 D) -5.00

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Given that x is a hypergeometric random variable with N = 10, n = 3, and r = 6, compute P(x = 0)

A) .216 B) .200 C) 0 D) .033

Business