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    Exam 17: Uncertainty
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    If a Payout Is Certain to Occur,then the Variance of That
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If a Payout Is Certain to Occur,then the Variance of That

Question 117

Question 117

Multiple Choice

If a payout is certain to occur,then the variance of that payout equals


A) zero.
B) one.
C) the expected value.
D) the expected value squared.

Correct Answer:

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