Calculate the variances of X and Y
What will be an ideal response?
Var(X) = 0.61 and Var(Y) = 0.45
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Mary owns her own business and has just attended a cash flow management seminar where it
was suggested the businesses should delay paying their suppliers as long as absolutely possible even if doing so violates the stated payment terms. Mary decides to continue paying her suppliers on time in accordance with their payment terms because Mary would like her customers to pay her on time. Mary has reached her decision in accordance with: A) Utilitarianism. B) Ethical relativism. C) Kantian ethics. D) Ethical fundamentalism.
In general, with an amortized loan, the payment amount remains constant over the life of the loan, the principal portion of each payment declines over the life of the loan, and the interest portion of each payment grows over the life of the loan
Indicate whether the statement is true or false