SOLUTION: 2. The variance of the probability distribution of the number of personal computers sold daily in the PC world shop is 1.40. This implies that the distribution of the random variab

Algebra ->  Finance -> SOLUTION: 2. The variance of the probability distribution of the number of personal computers sold daily in the PC world shop is 1.40. This implies that the distribution of the random variab      Log On


   

Question 1178576: 2. The variance of the probability distribution of the number of personal computers sold daily in the PC world shop is 1.40. This implies that the distribution of the random variable is narrowly concentrated around the _____ since our variance is _____.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi
Normal Distribution: variance = 1.4   σ = √1.4
This implies that the distribution of the random variable is 
narrowly concentrated around the mean since our variance is small.

Wish You the Best in your Studies.