Excel's _____ function can be used to compute the expected value of a discrete random variable.   a. MEDIAN     b. VAR     c. SUMPRODUCT     d. AVERAGE

Objectives After this lab assignment, students should be able to: Design modular programs based on specifications Define and call functions with conditional logic Write programs that use functions ● ● Background A bank uses the following flowchart to determine whether a customer is eligible for a loan. It contains four steps, separated by color. 0 0 0 0 0 0 double askAmount() 0 0 double askincome() How much would you like to borrow? cin >> loan if loan > income if income 10,000 and income = 100,000 ACCEPT bool decideLoad(double income, double loan) bool askLoan() Return type: bool Parameter(s): double (income), double (loan) Invalid choice Please enter yes or no if income* 5 >= loan ACCEPT if income * 5 < loan REJECT When validating the user input for askLoan(), Validate all user input using loops: accept the following user input for each choice: "Yes", "Y", "yes", and "y" returns true "No", "N", "no", and "n" returns false When validating the user input for askIncome and askAmount(),…

A variable's scope is not necessarily the same as the variable's lifetime  True  False

D3