A Uniform Probability Distribution Is a Continuous Probability Distribution Where

question 84

Multiple Choice

A uniform probability distribution is a continuous probability distribution where the probability that the random variable assumes a value in any interval of equal length is

• A)different for each interval
• B)the same for each interval
• C)at least one
• D)None of these alternatives is correct.

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Definitions:

Composition

An arrangement where creditors agree to accept a partial payment from a debtor instead of the full amount owed.

Collect

The act of gathering or accumulating items or amounts owed, commonly used in contexts such as collecting debts or data.

Creditors

Individuals or financial institutions that are owed money by debtors.

Fraudulent Transfer

A conveyance of property made with the intent to defraud creditors or to evade financial responsibilities.