For a Discrete Random Variable A,the Probability Distribution of the Discrete

question 15

Multiple Choice

For a discrete random variable A,the probability distribution of the discrete outcomes is called a ________.

• A)conditional mass function,c(a)
• B)cumulative frequency function,m(a)
• C)probability mass function,f(a)
• D)discrete value function,d(a)

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Definitions:

Firm

A business organization, such as a corporation or partnership, that sells goods or services for profit.

Marginal Revenue

The enhanced earnings from selling an additional unit of a product or service.

Pure Competition

A market structure characterized by a large number of firms, all producing identical products, and no single firm has any influence over market price.

Extra Unit

The additional quantity of a product or service that is produced or provided.