Compute the standard deviation of X
Assume X has the following probability distribution:
X 1 2 3 4
P(X) .1 .5 .2 .2
Answer: .9219
Business
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A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Finished Goods Inventory can be taken from the ________
A) production budget and cost of goods sold budget B) financial budget C) cash budget D) selling and administrative expenses budget
Business
Which of the following would most likely provide an investor with the best hedge against inflation:
A: United States government bonds; B: A savings account at the bank; C: Ownership of real property; D: A note well secured by a first mortgage.
Business