It may be argued that the effects of a higher public debt are the same as the effects of higher taxes. Why?

(22 If x is a binomial random variable, compute p(x) for the following case: IF 6, p = 0.37 Find the following probabilities: a) p(x= 2) h) MP4) 2mg 3) c) Calculate p {1) Calculate 53 c) Calculate s Q1- Suppose you invest a fixed sum of money in each of five Internet business ventures. Assume you know that 70% of each ventures are successful, the outcomes of the ventures are independent of one another, and the probability distribution for the number, x, of the successful ventures out of five is X 0 1 2 3 4 P(x) 0.002 0.0290.1320.360 0.168 a) Calculate M. b) Calculate variance. c) Calculate standard deviation