The Random Variable X Is Known to Be Uniformly Distributed

question 11

Multiple Choice

The random variable x is known to be uniformly distributed between 70 and 100. 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:

Stockholder

An individual or entity that owns shares in a corporation, thus holding a portion of the corporation's equity.

Company's Assets

This encompasses all items of value owned by a company, including cash, real estate, equipment, and intellectual property, which are utilized in generating revenue.

Limited Liability

Freedom of stockholders from personal liability for the debts of the corporation.

Double Taxation

A taxation principle referring to income taxes that are paid twice on the same source of earned income, often seen in corporate dividends.