If Random Variable X Is Distributed According to a Uniform

question 47

Multiple Choice

If random variable X is distributed according to a uniform distribution between 0 and 1 (X ~ U[0, 1]) , and 100 random samples of sizes 35-40 were taken, the sum of the sample means would be ______.

• A)50.0
• B)37.5
• C)0.50
• D)0.38
• E)0.005

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Definitions:

Market Value

The ongoing cost at which a service or asset is being exchanged in the market.

Extra Dividend

A one-time special payment made by a company to its shareholders, in addition to any regular dividends.

NPV Projects

Projects evaluated based on the Net Present Value method, a valuation technique that discounts the expected future cash flows to the present using a specific rate, to determine the profitability and viability.

Total Wealth

The combined value of all financial and non-financial assets owned by an individual or entity.