Excel's _____ function can be used to compute the variance of a discrete random variable.
A) SUMPRODUCT
B) AVERAGE
C) MEDIAN
D) VAR

Name: Excel's _____ function can be used to compute the variance of a discrete random variable. A) SUMPRODUCT B) AVERAGE C) MEDIAN D) VAR
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Quizplus · Accepted Answer

SUMPRODUCT function can be used to compute the variance of a discrete random variable by multiplying each value by its corresponding probability and then summing up these products.

Excel's _____ Function Can Be Used to Compute the Variance