The Random Variable X Is Known to Be Uniformly Distributed

question 34

Multiple Choice

The random variable x is known to be uniformly distributed between 70 and 90. The probability of x having a value between 80 to 95 is

• A)0.75
• B)0.5
• C)0.05
• D)1

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Definitions:

Technology Specialization

The focus of a company or industry on a specific technology niche, with the aim of achieving leadership and expertise in that area.

Market Segmentation

The process of dividing a market of potential customers into groups, or segments, based on different characteristics.

Bureaucratic Logistical Issues

Challenges in organizing, planning, and carrying out operations often caused by complex administrative procedures.

Market Leaders

Companies that hold the highest market share in a particular industry, often setting trends and standards for others to follow.