If X Is Uniformly Distributed Over the Interval 8 to 12

question 90

Multiple Choice

If x is uniformly distributed over the interval 8 to 12, inclusively (8 $\le$ x $\le$ 12) , then the probability, P(9 $\le$ x $\le$ 11) is __________________.

• A)0.250
• B)0.500
• C)0.333
• D)0.750
• E)1.000

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Definitions:

Direct Payments

Cash transfers from the government to individuals or businesses for various purposes without any requirement for reciprocation.

Real Wages

The buying power of salaries, factoring in inflation, shows the amount of products and services that can be purchased.

Labor Demand

The total quantity of workers that employers want to hire at a given wage rate, reflecting how employment levels vary with changes in wage or the economic output.

Nominal Wage

The wage measured in current money or monetary units, without adjusting for inflation.