Examlex
Which of the following is not required for the existence of a utility function?
Timely Payments
Payments made within the agreed upon time frame as outlined in a contract or agreement.
Loans
A financial arrangement in which money is borrowed for a certain period of time, typically with interest.
Sampling Distribution
The probability distribution of a given statistic based on a random sample.
Histogram
A graphical representation of the distribution of numerical data, where the data is grouped into ranges (bins) and depicted as bars.
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