Use the Following to Answer Questions

question 65

Short Answer

Use the following to answer questions :
The following table lists the probability distribution of a discrete random variable x:

-The probability that x assumes a value from 2 to 5 is:

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Definitions:

Operating Activities

Activities directly related to the operation of the business, including production, sales, and delivery of the company's product.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; often referred to as the "bottom line."

Indirect Method

A method used in cash flow statement preparation that adjusts net income for non-cash transactions, deferrals, and accruals.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was put into use, reducing its book value.