An individual is indifferent between receiving a guaranteed amount of $1,000 and taking a chance of receiving $1,500 with probability 0.75 and losing $800 with probability 0.25.What is the expected value of this gamble?

A) $1,000
B) $740
C) $925
D) $650

An inventory record sheet shows a balance on hand of 972. During the month, units sold were 111, 204, and 87; units received from the supplier were 700. What is the amount remaining?​

A $100,000 mortgage loan at 7.2% compounded semi-annually requires monthly payments based on a 25-year amortization. Assuming that the interest rate does not change for the entire 25 years, complete the following table.

The mean of the t distribution is​

A) ​0.
B) ​.5.
C) ​1.
D) ​problem specific.

Two uses for the population variance are to measure risk and consistency.