A Function or Rule That Assigns a Numerical Value to Each

question 54

Multiple Choice

A function or rule that assigns a numerical value to each outcome of an experiment is called:

• A)a sample space.
• B)a probability distribution.
• C)a random variable.
• D)None of these choices.

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Definitions:

Incorporates

The act of forming a new corporation by filing required documents with the state, or integrating components into a whole.

Business

A business is an organization or enterprising entity engaged in commercial, industrial, or professional activities with the aim of earning profits.

Nonbinding Preincorporation Contracts

Agreements made on behalf of a corporation before it is legally formed, which typically do not hold the corporation responsible once it is established.

Personal Liability

The state of being legally responsible for the debts or actions of oneself, not shielded by corporate or other legal entities.