Answer:
Step-by-step explanation:
Bro,
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Answer:
More
Step-by-step explanation:
- You can access your funds easier if your account has more liquidity.
- Liquidity refers to the measure of the ability of a debtor to pay their debts as and when they fall due.
- In other words it is the ability one or a business entity has to convert any asset into cash quickly. It is also an ability to buy or sell a security without affecting the asset's price.
- Therefore, the higher the liquidity of an account the more one can access funds easily.
Answer:
1.4
Step-by-step explanation:
Given the probability distribution :
X _____ 0 ____1 ____ 2 ____ 3 ____4
P(x) _ 0.16 _ 0.41 _ 0.32 __ 0.09 __ 0.02
Expected number of people waiting in line :
E(X) = Σ(x * p(x))
E(X) = (0*0.16) + (1*0.41) + (2*0.32) + (3*0.09) + (4*0.02)
E(X) = 1.4
